Market Intelligence
for the World's
Agriculture Industry
Since 1988
 STAT Specialty Crop News - Covering the world since 1988!
Subscribe Now!
For full site access

Lost Password?
Customer Center

Trade Directory

Special Crops
Beans
Lentils
Peas
Chickpeas
Birdseed
Mustard & Other
Spices & Herbs
Dried Fruit & Nuts
Supply-Demand

The rest of Agriculture
Bio-Energy
Commentary
Grain
Oilseed
Livestock
Poultry
Cotton & Wool
Fresh Fruit & Vegetables
Dried Fruit & Nuts
Dairy
Technology
General
Organic
Just for Growers

Cash Markets
Futures Markets
Weather
Price Graphs
Export Data
Supply-Demand



Subscribe Today!
Privacy Policy
Subscriber Agreement

Ag Links
Affiliates
Add Headlines!
To your website!


Alaron Energy Comment

CHICAGO - May 13/08 - SNS -- Following is the energy futures comment from Alaron Trading Corp.

 

The  oil market pulled back as it tried to assess the damage that was done by the devastating earthquake in Chengdu,  China.
 
Tens of thousands of people were killed and many more injured and missing in the aftermath of the 7.9 magnitude earthquake. Reports of damage are wide spread and the government has ordered chemical plants to be closed. Power plants are also shut down as the market will try to  gage the long term impact.

The energy  market was also trying to  understand and absorb  why China's oil demand fell 3.8% in April, yet   China's demand is still up on the year by  9.8%.  China's inflation in April came in at a blistering 8.5% which was the second highest monthly level in 12 years. Of course the key will be what the Chinese government plans to do about it. In the short run they have moved to tightened monetary policy by raising rates on commercial banks by 50 basis points to 16.5%.

Are gas prices getting you down? Well hang in there because it won't be too long before you might have an alternative. The New York Times reports that Nissan Motor Company plans to sell an electric car in the United States and Japan in 2010.

The International Energy Agency lowered the world demand estimates as they lowered the China demand numbers as well.      

Check me out on the Fox Business Network! If you don't get it you need to call your cable operator today. Also call to get your free trial of Alaronenergies! Call me at 800-935-6487 or email me at pflynn@alaron.com to open your trading account.

Buy June crude at 12100 -  stop 11950.

Buy June heating oil at 33000 -  stop 32700.

Stopped on short June RBOB from apprx 31900  at apprx  32100.

Buy June natural gas at 1100 - stop 1070.

Have a GREAT day!


Phil Flynn

Alaron Research Team

800.563.9510

pflynn@alaron.com



DISCLAIMER: Futures and options trading involve substantial risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more then their original investment. In no event should the content of this website be construed as an express of an implied promise, guarantee or implication by of from the author(s) that you will profit or that losses can or will be limited in any manner whatsoever. Past performance is not necessarily indicative of future results. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Alaron Trading Corp. its officers, directors, employees and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report.

Information on this page is derived from third parties and is deemed to be reliable. STAT Communications Ltd. accepts no responsibility for errors, omissions or inaccuracies in any of the material presented on this web site. Opinions expressed on this web site are those of the respective individuals and/or institutions and do not represent the opinions of STAT Communications Ltd. and/or STAT Publishing or its staff and/or management.


Subcribers get complete access to all articles and special sections on the STATpub website.

To subscribe just click on Subscribe Now!


Add AgMarket News headlines
to your site



Use of Information

Copyright © 1988-2008 STAT Communications Ltd., Canada. All Rights Reserved. This information may not be republished in part of in full in any form whatsoever without the prior written consent of STAT Communications Ltd. The article on this page may not be harvested and reprinted on any website. However, we encourage links back to this or any other public article on our website.



Disclaimer

The information in this article is provided without any warranty of any kind whatsoever. By accessing this service, you agree that STAT Communications Ltd. will not be liable for any expenses, losses or costs that may be incurred by the interpretation and use of the information in this website, nor as a result of the information on this site being inaccurate or incomplete in any way.



Click here to set STATpub.com as your browser's home page!
Copyright © 2008 STAT Communications Ltd., Canada.All rights reserved. Terms & Conditions
Send us your comments.
Privacy Policy
Links Directory