Alon reports Texas refinery SRU upset -filing

August 21st, 2009
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AFP Journal Internet - HOUSTON, Aug 21 (Reuters) - Alon USA Energy Inc reported a malfunction in sulfur recovery unit No. 2 at its 67,000-barrel-per-day (bpd) Big Spring, Texas, refinery on Thursday, according to a notice posted Friday with state [...]
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CANADA STOCKS-TSX higher on commodities, upbeat outlook

August 21st, 2009
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AFP Journal Internet - By Jennifer Kwan TORONTO, Aug 21 (Reuters) - Toronto's main stock index shot higher on Friday, led by commodity-related issues, after upbeat U.S. home sales data and comments by Federal Reserve Chairman Ben Bernanke sparked [...]
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US Cash Crude-Grades skid in roll, cracks weak

August 21st, 2009
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AFP Journal Internet - HOUSTON, Aug 21 (Reuters) - U.S. cash crudes skidded on Friday in roll trade as buyers had no incentive to wade into the market unless they were short, traders said.

FTSE on a high as Bernanke lifts hopes [at Financial Times]

August 21st, 2009
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Financial Times - Britain's biggest summer equity rally in 25 years gained fresh momentum on Friday as Ben Bernanke, US Federal Reserve chairman, raised hopes that the global recession was over.

Index funds add positions in CME hogs - CFTC

August 21st, 2009
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AFP Journal Internet - CHICAGO, Aug 21 (Reuters) - Index funds added both long and short positions in Chicago Mercantile Exchange lean hog futures and options during the week ended Aug. 18, the Commodity Futures Trading Commission said on Friday.

US existing-home sales blaze record in July

August 21st, 2009
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AFP Journal Internet - A sizzling report on US existing-home sales and upbeat comments from Federal Reserve chief Ben Bernanke on Friday stoked hopes of recovery from the brutal recession and drove up world stock markets.

GLOBAL MARKETS-World stocks, oil jump on housing data, Bernanke

August 21st, 2009
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AFP Journal Internet - By Walter Brandimarte NEW YORK, Aug 21 (Reuters) - World stocks climbed to 10-month highs and oil topped $74 per barrel on Friday, after a strong rise in U.S. home sales and Federal Reserve Chairman Ben Bernanke delivered an [...]
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New York's main futures contract soared to 74.72 dollars per barrel -- a level last seen on October 20, 2008

August 21st, 2009
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AFP Journal Internet - The price of New York oil jumped Friday to a 2009 high above 74 dollars, propelled by a weak US dollar, tumbling American crude reserves, rising equities and positive eurozone data, traders said.

Sterling battered by turbulence [at Financial Times]

August 21st, 2009
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Financial Times - The pound bounced around in volatile fashion this week as UK economic and policy releases provided mixed momentum in a holiday-thinned market.

Crude touches $74 following dip in supplies [at Financial Times]

August 21st, 2009
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Financial Times - US crude oil prices on Friday hit their highest levels of the year, leading a broad rally for commodity markets as growing confidence in the global economy's recovery prospects stimulated risk appetite.