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Stephen Schork

Type: Person

Name: Stephen Schork

First reported May 15 2013 - Updated May 15 2013 - 1 reports

UPDATE 8-Oil gains $1 on U.S. equity rally

* IAEA nuclear talks with Iran reach deadlock* Euro zone economy shrinks in Q1, marks longest recession* U.S. crude stocks fall, products build -EIA(Updates prices to settlement, adds Iran info, quotes)NEW YORK, May 15 (Reuters) - Brent crude oil prices ... [Published CNBC - May 15 2013]

Entities: United States, Brent Crude Oil, Stephen Schork

First reported May 14 2013 - Updated May 14 2013 - 1 reports

Ex-Goldman Trader Saiz’s Fund Assets Drop 86% Following Loss

Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.The energy hedge fund run by former Goldman Sachs Group Inc. trader Gilbert Saiz managed $43 million by the end of April, according to ... [Published Bloomberg - May 14 2013]

Entities: Vector, Hedge Fund, Stephen Schork, Commodities, Zinc

First reported May 09 2013 - Updated May 09 2013 - 3 reports

Natural Gas Futures Fall in New York Before Inventory Report

May 9 (Bloomberg) -- Natural gas futures declined in New York before a report that may show a larger-than-average stockpile gain.Gas fell as much as 1.4 percent as supplies may have risen 86 billion cubic feet in the week ended May 3, according to the ... [Published La Repubblica - May 09 2013]

Entities: Natural Gas, Futures, Henry Hub, Stephen Schork

First reported May 09 2013 - Updated May 09 2013 - 1 reports

New York Mercantile Exchange

Schork Sees Scary Day for Natural Gas Before Inventories Report

Today’s U.S. natural gas storage report is the most important of the year as it may support last week’s data that sent prices down by the most in nine months, according to Schork Group Inc."This is going to be a scary day," Stephen Schork, president of ... [Published BusinessWeek - May 09 2013]

Entities: Stephen Schork, Natural Gas, Matthew Brown, US Energy Information Administration, New York Mercantile Exchange

First reported May 08 2013 - Updated May 08 2013 - 1 reports

UPDATE 8-Oil ends mixed, Brent/WTI at narrowest in 2-plus years

9:55pm BST(Adds settlement prices, recasts, adds details)By Jeanine PreziosoNEW YORK May 8 (Reuters) - The spread between Brent and U.S. crude oil futures narrowed sharply in the last half hour of trade on Wednesday fueled by expectations for increased ... [Published Reuters UK - May 08 2013]

Entities: West Texas Intermediate, Crude Oil, Stephen Schork

First reported May 07 2013 - Updated May 08 2013 - 1 reports

Oil down after rally on German data, Mideast tensions

* U.S. crude stocks forecast higher on imports - poll * U.S. EIA says non-OPEC fuel production to increase * Coming Up: API inventory data (Updates prices to settlement, adds EIA outlook info) NEW YORK, May 7 (Reuters) - Brent crude oil fell more than ... [Published Sharenet - May 07 2013]

Entities: Oil Prices Lower, Stephen Schork, United States, Brent Crude Oil

First reported May 06 2013 - Updated May 07 2013 - 1 reports

MarketWatch Inc

UPDATE 1: Oil pulls back after nearly 3% gain last week

Today 10:46 AM ET (MarketWatch)PrintSAN FRANCISCO (MarketWatch) -- Crude-oil futures inched lower on Monday, pulling back after last week's nearly 3% gain but finding support from violence in the Middle East."All eyes will be on escalating tensions [regarding] ... [Published TD Ameritrade - May 06 2013]

Entities: Stephen Schork, Syria, MarketWatch Inc

First reported May 07 2013 - Updated May 07 2013 - 1 reports

Without the San Onofre nuclear plant, a 'potentially very scary summer' for Southern California energy supply

Evening sets on the San Onofre nuclear power plant in northern San Diego County, south of San Clemente, California.; Credit: David McNew/The San Onofre nuclear power plant will almost certainly be offline again this summer. What does that mean for you? ... [Published SCPR - May 07 2013]

Entities: San Onofre, Stephen Schork, Edison International

First reported May 06 2013 - Updated May 07 2013 - 3 reports

Oil wavers above $105

NEW YORK, May 6: Brent crude oil rose above $105 a barrel on Monday but trading was choppy and prices were pulled both ways by more signs of economic weakness and the perception of an increased risk to Middle East supply after Israeli air strikes on Syria ... [Published DAWN Group - May 07 2013]

Entities: Brent Crude Oil, Stephen Schork, Olivier Jakob, Syria, Malaise

First reported May 06 2013 - Updated May 06 2013 - 1 reports

GLOBAL MARKETS-Dollar rises, Wall St eyes new record

* Dollar gains vs yen on U.S. outlook, 100-yen level seen* Euro weakens after ECB's Draghi comments* Global gains in stocks stall after recent records* Oil briefly pares Syria-related gains, demand a concernBy Rodrigo CamposNEW YORK, May 6 (Reuters) - ... [Published Reuters - May 06 2013]

Entities: United States, Stephen Schork, S&P 500, Eurozone

First reported May 01 2013 - Updated May 02 2013 - 1 reports

DJ Natural Gas Ends Lower Ahead of Weekly EIA Report

--Natural gas retreats from early gains, settles 0.4% lower --Futures fail to hold at fresh 21-month high--EIA data due at 10:30 a.m. EDT ThursdayNEW YORK--Natural gas settled lower Wednesday, handing back early gains as traders prepare for weekly data ... [Published Individual.com - May 01 2013]

Entities: Natural Gas, Stephen Schork, Gas Storage, Richard Hastings

First reported Apr 30 2013 - Updated May 01 2013 - 2 reports

WTI Crude Caps Monthly Decline and Narrows Discount to Brent

(For Bloomberg fair value curves, see CFVL GO) April 30 (Bloomberg) -- West Texas Intermediate crude fell, capping a monthly drop, before a report that may show that U.S. supplies climbed to a 22-year high. WTI’s discount to Brent oil narrowed to less ... [Published Washington Post - Apr 30 2013]

Entities: West Texas Intermediate, Narrows (United States), OPEC, Discount, Stephen Schork

Quotes

"we got down to a level about halfway between our recent peaks and troughs, and then selling just stopped. perhaps for all intents and purposes the market had already priced the report in" said Stephen Schork, the editor of The Schork Report in Villanova, Pennsylvania

UPDATE 8-Oil gains $1 on U.S. equity rally [Published CNBC - May 15 2013]

"this is going to be a scary day" Stephen Schork, president of Schork Group, an energy-advisory company based in Villanova, Pennsylvania, said in an e-mailed report...

Natural Gas Futures Fall in New York Before Inventory Report [Published BusinessWeek - May 09 2013]

"people bid the market on the draw in cushing" said Stephen Schork, editor of The Schork Report in Pennsylvania

UPDATE 8-Oil ends mixed, Brent/WTI at narrowest in 2-plus years [Published Reuters UK - May 08 2013]

...In a monthly report, the U S Energy Information Administration cut its forecasts for oil consumption in 2013 and 2014 due to declines "we're getting into an area where we've had such a strong run-up in price over the past few days, when really from a fundamental standpoint it's hard to justify. we got up here on a lot of froth" said Stephen Schork, editor of The Schork Report BrentBrent crude fell $1.06 to settle at $104.40 a barrel, having earlier reached $105...

Oil down after rally on German data, Mideast tensions [Published Sharenet - May 07 2013]

More Content

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Platts Retains Energy Trader Confidence Amid Pr... [Published La Repubblica - May 16 2013]
UPDATE 8-Oil gains $1 on U.S. equity rally [Published CNBC - May 15 2013]
U.S. Oil Supply Changing the Global Oil Market? [Published FOX Business - Video - May 14 2013]
Ex-Goldman Trader Saiz’s Fund Assets Drop 86% F... [Published Bloomberg - May 14 2013]
Natural Gas Futures Fall in New York Before Inv... [Published La Repubblica - May 09 2013]
Natural Gas Futures Fall in New York Before Inv... [Published BusinessWeek - May 09 2013]
Natural Gas Drops in New York Before Report on ... [Published BusinessWeek - May 09 2013]
Schork Sees Scary Day for Natural Gas Before In... [Published BusinessWeek - May 09 2013]
UPDATE 8-Oil ends mixed, Brent/WTI at narrowest... [Published Reuters UK - May 08 2013]
Oil down after rally on German data, Mideast te... [Published Sharenet - May 07 2013]
Oil wavers above $105 [Published DAWN Group - May 07 2013]
Without the San Onofre nuclear plant, a 'potent... [Published SCPR - May 07 2013]
Oil wavers above $105 per barre... [Published Qatar Peninsula - May 06 2013]
GLOBAL MARKETS-Banks lead Wall St to record, do... [Published Yahoo! UK and Ireland - May 06 2013]
GLOBAL MARKETS-Dollar rises, Wall St eyes new r... [Published Reuters - May 06 2013]
Oil Less Vulnerable to Price Hikes? [Published FOX Business - Video - May 06 2013]
UPDATE 8-Firm oil wavers above $105 per barrel,... [Published Reuters India - May 06 2013]
UPDATE 1: Oil pulls back after nearly 3% gain l... [Published TD Ameritrade - May 06 2013]
Natural gas bulls Burned by resurgent productio... [Published Times of Oman - May 06 2013]
Northeast Gas Poised to Surge on Pipeline Limit... [Published Bloomberg - May 03 2013]
Bakken Region an Energy, Economic Boom for U.S.? [Published FOX Business - Video - May 03 2013]
UPDATE: Natural-Gas Futures Plunge 7% After Ste... [Published ADVFN UK - May 02 2013]
DJ Natural Gas Ends Lower Ahead of Weekly EIA R... [Published Individual.com - May 01 2013]
WTI Crude Caps Monthly Decline and Narrows Disc... [Published Washington Post - Apr 30 2013]
WTI Crude Heads for Monthly Decline; Brent Prem... [Published Bloomberg - Apr 30 2013]
Brent, U.S. crudes gain $1 on talk of Syria [Published Sharenet - Apr 25 2013]
Brent oil price holds at $101 a barrel boosted ... [Published Live Oil Prices - Apr 25 2013]
Oil up on supply report; dollar lifts gold, copper [Published Business Recorder - Apr 25 2013]
Oil up on supply report; dollar lifts gold, copper [Published Sharenet - Apr 24 2013]
Brent jumps nearly 2 pct; U.S. gasoline stocks ... [Published Sharenet - Apr 24 2013]

Blogs

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Today's Oil Report Is A Bad Sign For The Economy [Published Clusterstock - Apr 17 2013] Oil prices are way down after the Energy Department's Wednesday supplies report fell short of expectations. Brent is off -2.3%, while WTI has fallen -2.6%. Oil supplies fell by just -1.2% compared with -2.4% expected per Citi . Oil markets guru ...
Oil Prices Are Tanking [Published Clusterstock - Apr 03 2013] Oil prices are getting destroyed today after an extremely bearish Energy Department supplies report. Brent is off -2.40 percent at $108, while WTI is down -2.05 percent at $95.19 as DOE reported inventories had increased 2.7 million barrels compared ...
WTI Oil Rises to One-Month High on Cyprus [Published Energy and energy security - Mar 26 2013] West Texas Intermediate crude rose to a one-month high as Cyprus agreed with creditors on a bailout, reducing concern that Europe’s debt crisis will deepen. WTI narrowed its discount to Brent oil to the least since July.Futures climbed 1.2 percent ...
Oil Falls as German Manufacturing Output Contracts [Published Energy and energy security - Mar 23 2013] Oil dropped as German manufacturing output unexpectedly contracted in March, signaling the euro-zone debt crisis is slowing growth in the region’s biggest economy. Futures fell 1.1 percent after a purchasing managers’ index for Germany’s manufacturing ...
WTI Oil Advances as Jobs Data Bolsters U.S. Eco... [Published Energy and energy security - Mar 08 2013] West Texas Intermediate oil advanced after U.S. unemployment benefit applications dropped to a six- week low, bolstering optimism about the country’s economy, and the dollar weakened against the euro. Futures climbed 1.3 percent in New York as first-time ...

Audio/Video

sort by: Date \| Relevance
U.S. Oil Supply Changing the Global Oil Market? [Published FOX Business - Video - May 14 2013]
Oil Less Vulnerable to Price Hikes? [Published FOX Business - Video - May 06 2013]
Bakken Region an Energy, Economic Boom for U.S.? [Published FOX Business - Video - May 03 2013]
Oil Prices’ Plunge Bad for the Economy? [Published FOX Business - Video - Apr 16 2013]
Consumers to Enjoy a Summer of Lower Gas Prices? [Published FOX Business - Video - Apr 11 2013]