Energy Blog

customer-newsletter-6-25-08

“As of this morning, energy markets have rallied much higher yet again.  Crude has risen $13 since yesterday morning.  July crude $133.24. The rally was likely caused by massive fund buying.   We are waiting for contracting recommendations at this time.

Morgan Stanley is now talking $150 oil by July.  With more forecasts for higher prices, funds continue to buy.  Boone Pickens has said over and over that world demand is outstripping supply.”

*Information contained in this update has been supplied by Mid-Co Commodities for informational purposes only.

customer-newsletter-5-28-08

customer-newsletter-5-21-08

customer-newsletter-5-14-08

afternoon-5-13-08

afternoon-5-9-08

customer-newsletter-5-07-08

afternoon-4-21-08.pdf

We have attached the afternoon energy market comments.  Crude closed at $110.87 a barrel.