RSSCOMPANIES: INDUSTRIES:
Speculators are to Blame for High Oil, OPEC Says
The head of OPEC said that speculators are partly to blame for oil's high prices, not any lack of supply
How to Invest in the Globe's Booming Population
Betting on commodities by buying futures contracts directly can be very risky. So having a core position in a fund that invests broadly in commodity-related businesses with some side positions tied specifically to agriculture and energy is probably the smartest move for the retail investor
Mineral Wealth Set to Transform Mongolia into 'Minegolia'
A nation of just over 3 million, where herding and agriculture have long been the dominant features of the economy, Mongolia is on the cusp of becoming a global financial supernova. Experts estimate that the country possesses as much as $1 trillion-worth of untapped precious metals and minerals
China Launches Own Iron Ore Price Index
The world's biggest consumer of iron ore raw material, China, launched its own iron ore price index in an effort to have a greater say in global pricing
Low Interest Rates Support Higher Gold Price
Concerns about higher inflation and fears of a downturn have helped boost gold's price, but the biggest contributor has been historically low real interest rates. Here's why the price of gold has the potential to move even higher
Gold ETFs Still Shine in a Diverse Portfolio
According to some analysts, gold may hold the bulk of this run into 2012; at least three major investment banks hiked their price forecasts, though some do expect gold to pull back from what they see as current highly speculative levels. Here's a look at some of the leading gold ETFs
Gulf Markets Worry About Oil Outlook
Fear that the days of global economic recovery and rising oil prices may fast be fading has sent shivers through Gulf stock markets
Why Copper Is the Metal to Watch
In recent weeks, metals of all sorts -- precious and industrial -- have taken a beating in a major selloff in the commodities market. Experts cite a number of reasons, including speculation, increased margin requirements, and concerns that the economic recovery may not be as strong as previously thought. But experts say the losses in copper are the most troubling
Demand and Disasters Complicate Global Energy Picture
The global energy picture has become more complicated in 2011, but investors are making some sense of it. The nuclear outage in Japan and turbulence in oil-producing nations is prompting increased demand for alternative electricity sources such as natural gas and coal, though both carry some environmental concerns
What You Really Pay for at the Pump
Do you know exactly what you're paying for when you fill up? Not all of your hard-earned dollars end up in the coffers of big gasoline tycoons or Middle Eastern despots. The list of players is long, so we talked to the experts to find out where your money goes when you cash out at the pump
How Contango Affects Your Investments
Today individuals can invest in commodities through an increasing number of ETFs and mutual funds that employ sophisticated strategies. But before jumping into this sector, experts say it's important for investors to understand some of the peculiarities in the commodities market. One of the most problematic is a phenomenon called contango. Here's what you need to know
What Next for Gold? Is Gold's Latest Selloff a Turning Point?
During times of uncertainty, investors flock to gold. But times aren't as uncertain as they used to be. Granted, unemployment remains high, and there is unrest in countries in the Middle East like Egypt. But the fear of a double-dip recession has mostly subsided in the United States and the economy is expanding again. Is this is a short-term selloff or a major turning point for gold prices?
Gold's Hype May Blind Average Investors To Its Inherent Risk
Now that gold's 10-year bull run is official history, you'd think the buzz about the precious metal's promise might finally buzz off. But if you've been anywhere in shouting distance of financial news lately, you'll know that the bull calls are far from over
New ETF Holds Gold As Well As Silver, Platinum and Palladium
Gold and silver have benefited from investors worried about a currency crisis. Industrial metals like platinum and palladium have come roaring back in the midst of a slow but fairly steady global economic recovery. Until recently, it was only possible to invest in these metals separately. Now there's an ETF, Physical Precious Metal Basket Shares (symbol GLTR), that tracks all four
In Gold's Shadow: How Other Metals Fit Into Portfolios
Gold, which thrives when investors are fearful, tends to stall or sink when markets are strong or when crises settle down. Gold, however, is hardly the only precious metal out there. With that in mind, here's a guide to how three other metals -- platinum, palladium, and silver -- fit into investors' portfolios.
What Gold Can and Cannot Do For You
While the Euro has taken a hit, gold has shot up to all-time highs, above $1,200 per ounce. Investors must decide for themselves whether or not commodities like gold belong in their portfolio, but for those who want to know what all the fuss is about, here are a few things to know
Summer Gas Prices to Spike but Not to Record Highs
Global crude oil prices hit an 18-month high as the average price of a gallon of regular gasoline reached $2.85, the highest it's been since October 2008. This is both good news and bad news. The bad news is that the economic recovery could slow if gas prices rise too fast. The good news, though, is that the United States is almost certainly not headed toward another summer of $4-a-gallon gas
Some Latin Currencies May Be Too Strong
Just when Latin America had come out relatively unscathed from the world economic crisis, a new threat could endanger the region's growth: its increasingly strong currencies. On the surface, the steady appreciation of most Latin American currencies has a feel-good domestic effect. But, at the same time, strong local currencies will hurt the region's exports.
Gold Remains Volatile But Worth Modest Gleam in Portfolio
The concept 'good as gold' is polished to a fine shine from time to time by negative factors such as volatile currencies, weak financial markets, bank failures and instability due to political, economic and financial unrest. Historically considered a safe haven, gold's performance in recent years has benefitted from all those forms of global financial pestilence
Politics Behind Hugo Chavez's Currency Devaluation
A lot has been written in recent days about the economic impact of drastic devaluation of the Venezuelan currency announced by Venezuela's authoritarian-populist President Hugo Chávez. But the measure's political impact may be just as important, if not more.
The last decade has seen an extraordinary shift in expectations for the world energy system. After a long era of excess capacity prices for oil and most energy commodities have risen sharply and become more volatile. As such, a crisis is looming which will be difficult to resolve.
The last decade has seen an extraordinary shift in expectations for the world energy system. After a long era of excess capacity prices for oil and most energy commodities have risen sharply and become more volatile. As such, a crisis is looming which will be difficult to resolve.
Oil Investments Are Predictably Unpredictable
Oil companies are the elephant in the room. The wide trading range and erratic movement of oil prices has been perplexing to pundits, investors and motorists alike. You're not hearing bold prognostications or definitive explanations about either oil prices or oil-company stocks. Better to simply wait quietly for everything to play out, most rational people reason. When that will occur, however, no one knows for sure.
Commodities Jobs & Careers Search
Low and Behold the Price of Oil
The rapid fall and then rebound in oil prices over the past year surprised many people. But it was not unusual: commodities markets are cyclical by nature and have a history punctuated by sudden turning points. Although this generally makes it difficult to forecast prices, it is safe to say that commodities markets will remain lower over the next few years than they have been over the past five.
Biofuel Technology and Performance Issues Could Slow Acceptance
Biofuels are a conundrum. Their potential advantages are undeniable: reduction of greenhouse gas emissions, lessening of our dependency on imported oil, support of domestic agriculture. And they certainly have their supporters. The Obama administration repeatedly affirmed its backing of rapid development of alternative energy sources, including biofuels. Still, the hurdles are high.
Why Price of Gold Coins Higher than Actual Price of Gold
The spot price of gold is the price of raw gold coming out of the ground.
Prices of gold coins range from 1 percent to 8 percent higher than the spot price due to a supply chain that includes a mint, wholesalers and retailers, with various manufacturing, distribution and administrative costs contributing to the markup.
The availability and demand associated with a coin can also influence price, with high demand significantly increasing premiums. General demand for gold in last year's fourth quarter boosted premiums at many dealers.
"Gold bars are the cheapest form of gold beyond the spot price, followed by the South African Krugerrand, Canadian Maple Leaf and American Gold Eagle," said
Blanchard uses a tiered pricing system based on how many gold coins a customer intends to buy. One must purchase 50 coins to receive the lowest markup.
Oil prices stabilise following sell-off
Benchmark Reuters-Jefferies index for commodities ends slightly higher after falling to its lowest level since September 2010 during the week
Iran talks end in harsh lesson for west
Diplomats fail to make progress after two days of anguished talks between Iran and world powers over Tehran’s nuclear programme
Codelco chief quits over boardroom style
Hernández cited ‘personal reasons’ for decision, but a company source said there had been ‘differences of style’ with the board
EU escalates dispute with Argentina
Brussels files a complaint with the WTO accusing Buenos Aires of restricting imports and points to a deteriorating investment climate in Argentina
Miners wait for big players to act
Just as Saudi Arabia, as the top oil producer, can influence sentiment, so too can the largest miners by simply saying they will cut production
ENRC bolsters board to improve governance
Kazazh miner takes on two independent directors as it bids to shake off a reputation for being ‘more Soviet than City’ that has weighed on shares
Sugar turns sour after supply surplus
Prices rocketed to a 31-year high in February 2011 and encouraged farmers to produce more, pushing prices below key 20 cents per pound
Iran nuclear talks fail to make progress
Fresh meeting holds out hope of a possible deal but no sign in Baghdad that negotiators had managed to bridge differences between two sides
Oil and metals rise after volatility
Commodities rebound shaking off some of the recent pessimism, but investors remain wary in the wake of weak economic data from Europe and China
Qinetiq to supply Shell fracking monitors
Defence contractor moves further away from core business as it agrees to supply Shell with monitoring equipment used in shale gas extraction
Financial Times - Commodities News and Market Data
Commodities market news from the Financial Times, with the latest market prices and investor analysis on FT.com
What The Global Standoff Means For Oil Prices
It's Iran again. Actually, it has never stopped being about Iran, ever since the West passed heavy sanctions and the European Union decided to end all Iranian crude oil imports beginning July 1. I know I keep going back to this issue, but it's for one very simple reason. The rising tension between Tehran, on the one hand, and Washington and Brussels, on the other, is still the single most serious geopolitical element impacting the global oil market today. And now the matter is finally reaching a head.
Even After Two Days of Meetings
Two days of meetings have just concluded in Baghdad, between Iran and the six major powers (the five permanent members of the UN Security Council, plus Germany). There was some spin applied in the rhetoric before and after the meetings, but the conclusion is strikingly clear. Absolutely nothing was accomplished. The next set of talks is
By Kent Moors:
Complete Story »
JPM's Proposed Physical Copper ETF Runs Into Opposition
By Stuart Burns
A year or two back, physical metal ETFs were all the buzz. Talk was they were the vanguard for retail investor access to the commodities markets, providing low-cost entry into speculating on the metals markets and even opening the possibility of hedging for smaller users. Since then the OTC swaps market has created much better hedging instruments, but precious metal ETFs in particular have proved very popular on both sides of the Atlantic. Apparently an ETF cannot be created overnight; considerable regulatory hurdles must be overcome and JPMorgan Chase & Co’s (JPM) physically backed copper fund, formally known as JPM XF Physical Copper Trust, has been two years in the making. Although slated to start in June, it has already hit weighty opposition in the form of major US copper consumers and traders objections to the damage such a fund could do to accurate price discovery. According
By MetalMiner:
Complete Story »
Recent Performance Review Of 5 Uranium Producers: 4 Surge To End The Week
In 2011, the uranium industry sustained considerable declines, initiated by fears stemming from the Japanese nuclear catastrophe that followed the Fukushima Daiichi nuclear power plant, which was hit by both an earthquake and a tsunami, rendering the plant a radioactive danger zone. The aftermath led to renewed fears of nuclear power, severely damaging future demand projections for uranium. Soon after the Japanese catastrophe, Germany further contributed to uranium demand weakness when the nation commented that it plans to reduce and slowly phase out the use of nuclear power. Moreover, the significant reductions to uranium demand were coupled with consistently falling natural gas prices and, as a consequence, several uranium miners lost more than half their value during 2011. So far within 2012, like the broader equity market and many commodity-linked investments, uranium miners have been volatile. After a surge to start off the year, with some uranium miners increasing more
By Zvi Bar:
Complete Story »
Today In Commodities: Buying Underway
Energy: Crude will finish lower for the fourth consecutive week but this market is digging in its heels and finding support at a critical level; $90/barrel in July. That level held for the last three days and as long as it does I like buying crude right here. First a close over $92 and then we should be on our way to the $96/97 area. A new low was rejected and a doji star in yesterday's action in RBOB. $2.80 held and on a settlement above $2.85 an interim low should be in. I am expecting a 15-20 appreciation in RBOB to coincide with the advance in crude in the coming weeks. Heating oil continues to tread water and though it may need some help from outside markets. I'm advising clients to get positioned to play a rally. First a settlement over $2.85 and prices should quickly find their way
By Matthew Bradbard:
Complete Story »
Natural Gas Flowers Soon To Wilt - Time To Short UNG
Like the tulips in my garden here in Tacoma, the "flowers" of spring natural gas rallies have wilted in each of the last two summers, leading to significant losses for bullish investors and traders. I expect the current natural gas spring rally to wilt as well and recommend shorting United States Natural Gas fund (UNG). Spot Prices Saw Summer Collapses in 2010-11; 2012 Following Same Script: Between 1993 and 2008, on average, the summer was a great time for natural gas spot prices, with July and August registering among the highest average future 3-month price changes. However, in both the 2010 and 2011, natural gas rallied strongly in the second quarter and then collapsed in the summer and early fall, with average future 3-month declines of 15-20% in June, July and August. So far, in 2012, spot prices have been sticking to the 2010-11 script, falling the first quarter (e.g.
By Bard Luippold:
Complete Story »
Fertilizer Stocks: Gassy Dilemma
Those looking for an easy answer as to why the Market Vectors Agribusiness ETF (MOO), the largest equity-based agribusiness ETF on the market today, is down more than 8% in the past month would be apt to blame that glum performance on "risk on" being turned off. All commodities are being smacked they might say. High beta is yesterday's news they might opine. Emerging markets are a problem, too, that could add pressure. They would be correct in all of those explanations. However, all of those explanations overlook the primary reason why MOO and its constituents such as Potash (POT), Mosaic (MOS) and Agrium (AGU) have been taken to the woodshed. The reason is soaring
By TradersHuddle:
Complete Story »
Royalty Trust Wealth Destruction And Opportunity
A casual market observer might believe Facebook (FB) was the biggest loser this past week, down ~20% since its $38 IPO on May 17. However, the loss to an investor speculating in the Facebook IPO pales in comparison to that of an investor chasing yield and natural gas prices in Hugoton Royalty Trust (HGT), which is down almost 50% in the past week. Such yield chasing offers additional risks and rewards. Whiting USA Trust (WHX) could potentially also decline precipitously in value, and investors in Gale Force Petroleum (GFPMF.PK) may experience valuation uplift from Gale Force converting into a trust. This article on Seeking Alpha explains in detail why HGT is down so much. The short version is that a lawsuit settlement will likely prevent dividend payments for the next 18 months. Furthermore, additional legal issues could defer resumption of dividend payments for an indefinite period of time. In case
By Josh Young:
Complete Story »
An Awkward Chesapeake Outlook For 2012 / 2013
Chesapeake Energy Corp.'s (CHK) fall from grace has been swift and brutal with plenty of controversies along the way. What was once a company trading at $70+ has now turned in to a languishing debt slave, much like a peripheral European sovereign, with a price under $20. Just take a look at the sorry state of the chart below. (Click charts to enlarge) (Charts provider: Thinkorswim) The dwindling price of Nat Gas is used as the most valid scapegoat but in reality a functioning and forward-focused Nat Gas hedge should have cushioned the blow. The company's unrelenting debt is far too high. Accusations of a rigged board, cronyism, and barely-legal conflicts of interest at the top don't add prettiness to the picture. Volatile revenue and even more volatile net income impedes accurate forecasting, and when coupled with current macroeconomic concerns the probability of a reliable equity price prediction becomes even
By Benjamin Trotter:
Complete Story »
5 Commodity Stocks Moving On News
Oil is hanging in above the $90/barrel level, but with supplies at highs here in the states and the price action looking abysmal, many are calling for the mid-80s to be the next stop. That may be the case, especially with the situation in Europe and China, but there are some great plays out there where production in increasing and with that so too can the company's top and bottom lines. Positioning for growth during pullbacks has always been beneficial for us, and now seems like a prudent time to do so - but in moderation, one should not get carried away and use up all of their available firepower.
Coal
With volume of 9.85 million, Patriot Coal (PCX) closed at $2.42 down $0.24 (9.02%) in trading yesterday. The stock was settling down after a big move upwards from the sell-off which resulted from the bankruptcy rumors this week. The
By Matthew Smith:
Complete Story »
Dennis Gartman: Gold Puts In Short-Term Low, Brent-WTI Price Spread Closing
by Lisa Barr
Dennis Gartman is the man behind The Gartman Letter, a daily newsletter discussing global capital markets. For more than 20 years, The Gartman Letter has tackled the political, economic and social trends shaping the world's markets, and Gartman himself is a frequent guest on CNBC, Bloomberg and other financial media outlets. HAI Managing Editor Drew Voros spoke with Gartman from his Virgina offices about gold’s recent moves, emerging markets and the closing the Brent-WTI price spread.
Hard Assets Investor: What’s your take on what gold is doing right now?
Dennis Gartman: A lot of people have been taken out of their positions. You can see the change in the makeup of open interest. Speculators have reduced their positions by more than 100,000, 125,000 contracts. Their long positions have been reduced to minimal levels. On the other hand, institutions that tend to be naturally short have reduced their
By Hard Assets Investor:
Complete Story »
A Surprising And Promising Trend In The U.S. Economy: Sharply Declining Oil Imports
We've all been hearing about all kinds of ominous developments, and certainly the last few weeks have not been fertile ground for optimism. I was, therefore, surprised on going through energy statistics when I discovered the powerful trend that has recently emerged in the United States economy: Oil imports are going down at a steady pace. In order to get a picture of this, I compared the first two months of 2012 with the same two months of 2006; a year well before the recession. I wanted to be sure that the decline was not due to the recession, so I compared real GDP in the two time periods: Real GDP in the first quarter of 2012 was more than 5% higher than real GDP in the first quarter of 2006. All things being equal, one would assume that oil consumption and oil imports would be higher in 2012 in
By Philip Mause:
Complete Story »
Bakken Update: Brigham's 2012 Well Results
It is almost half way through 2012, and Bakken operators have announced some very good results. I will try to keep the investor informed of not only the results, but the variables that are driving these improvements. Brigham (STO) did a very good job (and still does) of creating very good results in Bakken/Three Forks wells. It set the trend for well production in the Williston Basin. Brigham was the first to implement a large number of stages, and provided good results in pad drilling. This allowed for walking rigs and zipper fracs to save time in drilling and completion. Here are Brigham's 2012 well results:
By Michael Filloon:
Well Name
IP rate
30-day IP Rate
60-day IP Rate
Number of Stages
Choke
PSI
MARGARET 5-8 1H
3219 Bo/d
947 Bo/d
712 Bo/d
PATENT GATE 7-6 #1H
3201 Bo/d
31
181/64
353
HEINZ 18-19 #1H
4378 Bo/d
39
181/64
Complete Story »
Today In Commodities: Trudging Along
Energy: Inside day in crude oil closing higher by 1% back above the critical $90/barrel pivot point. I expect this level to serve as support as prices track higher into next week. Continue to scale into longs anticipating a trade back to $95 in the coming weeks. I will likely advise longs to add to their position on a close above $95 in July. Both RBOB and heating oil are fighting to stay above $2.80 in the July contract. With prices extremely oversold and crude poised to reverse I think we bounce from current levels. I suspect we could get a 15 cent rally in the distillates without too much of a headwind. Natural gas gave up just over 3% closing at the 8 day MA. As I've said if that level gives way an interim top is likely in place. Aggressive traders should be getting short with stops above
By Matthew Bradbard:
Complete Story »
Apache: 10% Upside Possible This Year?
I would not recommend you invest in Apache (APA) at the present time. There are a number of reasons for this.
Financial Stats
First of all, its P/E ratio is 7.82. This puts it behind most of its significant competitors. In fact, the only competitor that has a worse P/E ratio is Exxon Mobil (XOM), which stands at 9.91. The dividend per yield is .68 or .8% of the stock price. This makes it one of the lowest dividend paying oil companies out there. However, this is excusable, due to the company's recent investment in 20 more oil rigs to expand its reach in America. The firm does have an incredible 24.59% profit margin, which is by far the best in the industry. As a comparison, BP (BP) is at 6.33%, Total (TOT) at 6.98%, Chevron (CVX) at 11.45%, and ConocoPhillips (COP) at 5.25%. As you can see, it is
By Ry Frank:
Complete Story »
Why Chevron Is A Strong Buy
Things are looking good for Chevron (CVX) in several ways at the moment, and I think the stock is a "screaming buy." For one, there are talks that Japan's Tokyo Electric Power wants to invest in Chevron's Wheatstone natural gas project in Australia. Tokyo Electric Power Co., or Tepco as it is more often called, is in discussions with several Japanese companies to purchase a $4.35 billion stake in the Wheatstone project -- namely Mitsubishi, Nippon Yusen K.K., and state-owned Japan Oil, Gas and Metals National Corporation. At this point, the talks are still "private," so final news cannot be reported as yet. Spokespersons have declined to comment on the details of this possible investment. Sources do, however, expect the companies to purchase a 10% stake in the gas fields, as well as 8% interest in the natural gas facilities. The Wheatstone project is one of several that have been
By Ry Frank:
Complete Story »
Apache May Drop On Falling Crude Prices
Large-cap energy exploration and production company Apache (APA) has proactively managed its energy production to grow reserves and production and to focus that production on high value crude oil and negate the negative impact of low natural gas prices. As oil prices have risen out of the 2008 lows of the commodity bubble blow-out, this path has resulted in growing operating margins and profits. However, the cycle of the energy markets in relation to global economic forces has turned against energy production companies like Apache. The company's share price has been in a decline for almost a year and that downward trend will not turn around soon. Apache is one of the largest pure energy exploration and production companies with a market cap of $31.5 billion. The company produces oil and gas around the globe, from the continental U.S. to the North Sea to Australia to Argentina. The company has
By Vatalyst:
Complete Story »
When Steel Prices Will Hit Bottom
By Stuart Burns
Contrary to some points that we covered in Part One, not everyone agrees we are in for a prolonged period of falling steel production and lower raw material prices. Falling thermal coal prices have as much to do with rising coal supply as lack of demand. Shale gas in the U.S. has replaced coal consumption for electricity production to a near-35-year low, according to DOE figures in the FT, leaving thermal coal producers offering supplies for export and depressing prices. Falling iron ore prices are said to be due to the anticipation of increased supply from Australia and India, combined with an end to weather-related disruption at Vale’s Brazilian mines. As prices have fallen, Chinese consumers in particular have differed shipments and even canceled contracts, preferring to draw down stocks. Goldman Sachs sees this as a positive for second-half consumption, arguing the Chinese will have to come
By MetalMiner:
Complete Story »
Recent Performance Review For 5 High Yield Large-Cap Oil And Gas MLPs
MLPs provide their investors, known as limited partners, with distributions that are like corporate dividends, but which are taxed differently. Most MLPs involve oil and gas, and usually as pipeline businesses that earn relatively stable income from the transport fees for oil, gasoline and natural gas. The majority energy MLP analysts estimate that the distribution growth of pipeline MLPs should grow at a rate at or ahead of inflation. Many MLPs declined over the last few months, as traders cycled out of certain energy and higher-yielding investment allocations. Like electrical utilities, many MLPs have primarily traded based upon their yield, making share prices susceptible to interest rate changes. Additionally, many funds dedicated to delivering above average income include MLP allocations, and it is entirely possible that MLPs are suffering from a general income oriented flow of funds transition from high-yield fund producers to high credit quality fund options, most of
By Zvi Bar:
Complete Story »
These 3 Oil And Gas Stocks Are Ready To Leap Higher In 2013
As an investor, I have always looked at building a balanced portfolio. For many like me, it is a good first step, despite a runaway market. Ideally, a balanced portfolio should include some strong performing oil and gas stocks. The recent performances of ConocoPhillips (COP), Helmerich & Payne (HP), and Kodiak Oil & Gas (KOG) indicate they will provide depth and much needed balance to any investment portfolio. As with all stocks, some important economic parameters that are influencing the performance of the above stocks include the European debt crisis and lagging Chinese consumption. Hence, this week U.S. markets could face higher volatility from the European Debt crisis. Lets look in detail at these stocks and how they will impact your portfolio: Kodiak Oil & Gas is a Denver-based, oil and natural gas exploration and production company operating in the Williston, Greater Green River Basins of the resource-rich U.S. Rocky
By Ry Frank:
Complete Story »
5 Commodity Stocks Moving On News
Commodities were looking ugly yesterday with the crude inventory numbers coming in at highs and oil breaking through the $90/barrel level. So much in the industry has been staked on oil prices as they influence the natural gas liquids prices too. So we saw many good plays putting in lows and down strongly in early morning trading. The commodity plays were also the last to join the rally and that was a bit worrisome as we watched our screens yesterday and had to wait for the lag to end. That is important to note, because this was not a rally by commodities but simply a rally that was so strong that commodities eventually were taken along for the ride.
Coal
With another above average day of volume, coming in at 21.6 million shares, Patriot Coal (PCX) was one of the most actives yesterday. This was on the day after the
By Matthew Smith:
Complete Story »
Seeking Alpha Commodities stocks
'Commodities' Tag RSS Syndication from SeekingAlpha.com