Commodity Futures Trading News & Research - Weekly Report 2010

• December 29, 2010 - Crude came under light profit taking on Wednesday after hitting 26 month high
• December 22, 2010 - GDP expanded by 2.6% for the third quarter against a previous estimate of 2.5%
• December 15, 2010 - Crude inventory falls by 9.85 million barrels to 346 million barrels
• December 08, 2010 - Crude marginally lower on Wednesday despite lower inventories report
• December 01, 2010 - Chinese manufacturing may be stronger than initially expected
• November 24, 2010 - Crude rallies on US jobs data
• November 10, 2010 - Several positive news: drop in jobless claims and crude stocks lower by 3.27 million barrels
• November 03, 2010 - The market looking for a robust stimulus program by the Fed
• October 27, 2010 - Oil falls as a stronger dollar sapped bullish strength from other commodities
• October 13, 2010 - Gasoline traded at its best level in five months on October
• October 06, 2010 - The ADP reports a loss of 39 thousand jobs and the IMF reports their world growth forecast to 2.6%, down from 3.23%
• September 22, 2010 - Gasoline inventories rise by 1.59 million barrels to the highest level since March
• September 15, 2010 - Reopening of Enbrige Pipeline which supplies Canadian crude to the US dampen the Crude oil futures
• September 08, 2010 - Gold continues rallying to new highs due to low interest rates and slower than expected economic rebound
• September 01, 2010 - Crude higher on Wednesday due to the Chinese Purchasing Managers index and the employment situation
• August 18, 2010 - Inventories of all oil categories higher by 5.3 million barrels to 1.13 billion barrels last week
• August 11, 2010 - Crude falls sharply on signs that economic growth in the US and China may be slowing
• August 04, 2010 - Crude surges in price over the past five sessions to its best level in nearly 3 months
• July 28, 2010 - US Consumer Confidence falls to its lowest level in 5 months
• July 21, 2010 - Department of Energy reported an increase in crude oil supplies, crude falls sharply on Wednesday
• July 14, 2010 - Crude came off due to the belief that a wide spread recovery in oil demand in oil may be waning
• July 07, 2010 - Crude Lowest Since June 8th
• June 30, 2010 - Crude falls after China's estimated growth falls less then expected
• June 23, 2010 - Crude falls sharply after a Department of Energy report stating that there was a considerable surge in supplies of product
• June 16, 2010 - The crisis in the EC continues and will eventually reassert itself creating a credit crunch in Europe
• June 09, 2010 - The dollar falls against most foreign currencies, positive for the market
• June 02, 2010 - EC trades fresh four year low and depressed commodities such as crude oil and its products
• May 26, 2010 - Crude rallies on Wednesday after several weeks of nose bleeding sessions
• May 12, 2010 - Crude falls sharply again on Wednesday after the release of the Department of Energy report
• May 05, 2010 - Crude oil down to a six-week low over these past five sessions while Euro currency continues to drop against the dollar
• April 28, 2010 - Oil higher after the release of the FOMC announcement of leaving the short-term rate unchanged
• April 21, 2010 - Crude Oil Futures swing wildly on conflicting reports by IMF and the Department of Energy release of its report
• April 14, 2010 - Crude rallies more than 2% on Wednesday sparked by the release of the Department of Energy rerpot
• April 7, 2010 - Crude stocks rose more than expected by .7 million barrels
• March 31, 2010 - Despite the news on oversupplies of Crude Oil, Crude trades to a 17 month high on Wed as the dollar weakened
• March 24, 2010 - Dollar rises to 10 months high against the European currency as Portuguese debt was downgraded
• March 17, 2010 - OPEC decides to leave production levels unchanged, it's believed that Nigeria is overproducing while Iraq is exempt from quotas
• March 03, 2010 - Crude oil pushed to its best level in seven weeks
• February 24, 2010 - Crude oil futures, best performing commodity on Wednesday, up 1.5%
• February 17, 2010 - Crude oil futures rallied on the idea that economic strength is gaining momentum
• February 11, 2010 - China restricts credit again for the second time, commodities futures are lower
• February 03, 2010 - Crude and its products staged a very strong rally for the first two sessions of February
• January 27, 2010 - Gasoline stocks increases by 1.99 million barrels to 229 million barrels last week
• January 20, 2010 - China instructs banks to increase reserves against loans and the dollar strengthens
• January 13, 2010 - Crude futures fell, the DOE reports increase in inventories that was greater than expected.
• January 06, 2010 - Crude Oil market trading at 14 months highs, U.S. temperatures should remain below normal at least through January 15

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