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U.S. Oil Prices Dipped On Increased Drilling

November 27th, 2017 (0)
U.S. oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut would be extended. U.S. West Texas Intermediate (WTI) crude ...

FCStone Financial Ordered To Pay A Penalty

November 17th, 2017 (0)
The Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against FCStone Merchant Services LLC (FCStone Merchant) for entering into multiple noncompetitive trades and against INTL FCStone Financial Inc. (FCStone Financial), a registered Futures Commission Merchant ...

Oil for gold – the real story

October 27th, 2017 (0)
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...

International fraudulent scheme controller fined for more than $2 million

October 11th, 2017 (0)
The Commodity Futures Trading Commission (CFTC) announced that the Honorable Joan B. Gottschall of the U.S. District Court for the Northern District of Illinois entered a Final Judgment and Order against Grace Elizabeth Reisinger of Grand Island, Nebraska and ...

U.S. oil prices dips below $50

October 4th, 2017 (0)
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. ...

FBI arrests Israeli binary options CEO

September 27th, 2017 (2)
The CEO of an Israeli binary options company accused of defrauding investors out of millions of dollars was doubtless surprised to find herself surrounded by FBI agents shortly after arriving in the United States last week. Binary options is ...

See no evil, speak no evil…

September 1st, 2017 (0)
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the ...

U.S. crude futures fell in Asian trading on Friday

September 1st, 2017 (0)
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of U.S. refining capacity offline. U.S. West Texas Intermediate (WTI) Clc1 ...

Costco made $3.7 million selling ‘Tiffany’ rings. Now it must pay $19 million to the real Tiffany

August 16th, 2017 (0)
Costco must pay the storied jewelry company Tiffany & Co. more than $19 million for selling about 2,500 diamond rings falsely identified on store signs as “Tiffany” rings, a federal judge ruled Monday. Costco’s management “displayed at best a ...

What prevent oil prices from bigger drops?

August 4th, 2017 (0)
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West Texas Intermediate (WTI) crude futures were at $48.95 per barrel ...
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