Jim Ritterbusch

Oil Drops Most in Eight Weeks as Price Falls $3 in Minute

Oil declined more than $3 in less than a minute as October options were about to expire, ending the day with the largest drop in eight weeks.

Oil Supply Climbs in Survey as Imports Increase: Energy Markets

U.S. crude supplies probably rose a second week as imports increased and refineries operated at the lowest rate since November, a Bloomberg News survey showed.

Crude-Oil Futures Advance After Economic Reports Signal Growth in Demand

Crude oil jumped to the highest level in four weeks as equities surged after economic reports from China, Japan and Australia indicated that the global recovery is strengthening.

Oil Caps Worst Month Since 2008

Crude oil fell, capping the worst month since December 2008, after a decision by Fitch Ratings to strip Spain of its AAA credit grade pushed the euro lower.

Oil Advances, Capping Eighth Straight Month of Gains, on Consumer Spending

Oil rose, capping an unprecedented eighth straight month of gains, as better-than-expected consumer spending signaled fuel demand may climb.

Oil Rises a Second Day on U.S. Economic Outlook, Supply Drop

Crude oil rose after a government report showed that U.S. gasoline inventories declined as fuel consumption surged to a 16-month high.

Gas Stockpiles May Show Smaller-Than-Average Gain, Analysts Say

U.S. natural-gas stockpiles expanded by 0.8 percent last week, less than the five-year average, adding to record levels after warm weather reduced demand, according to analyst estimates compiled by Bloomberg.

Oil Volatility Little Changed as Futures Rise on EU Optimism

Oil options volatility was little- changed as the underlying futures rose amid speculation that euro-area leaders will do more to fight the debt crisis.

Oil Rises First Time in Three Days on European Deal Optimism

Crude oil rose for the first time in three days on hopes that European leaders will reach a deal to contain the region’s debt crisis.

Oil Supply Falling to Four-Week Low on Imports in Survey: Energy Markets

U.S. oil inventories probably fell to a one-month low last week as imports tumbled, a Bloomberg News survey showed.

"Today's price action appeared to highlight an unusually nervous market environment in which the oil complex has become heavily reliant upon intangible forces such as economic stimulus measures and Middle East tensions for sustainable price strength."

- Jim Ritterbusch on Sep 17, 2012

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Asian Stocks Retreat as Japanese Banks Fall on Earnings

Taiwan Drills Mark Turning Point With Aquino Over Sea Death

Soros Joins Gold-Stake Cuts Before Bear Market Drop

Japan GDP Jumps Most in Year as Consumers Open Wallets: Economy

Najib Cabinet Rewards Base as Chinese Sidelined: Southeast Asia