Profiting on crude spike

Terranova, Joseph M.
May 2006
Futures: News, Analysis & Strategies for Futures, Options & Deri;May2006, Vol. 35 Issue 6, p30
The article discusses ways to profit on crude price increases in the United States. Crack spreads for heating oil and crude oil on the New York Mercantile Exchange could profit from oil price hikes. A crack spread is the calculation of the value of a barrel of crude oil in terms of the value of its refined products. Another profitable trade is a low risk trade using a time stop and heating oil crack spread. Another good investment is in the Canadian Index Fund which has outperformed any American equity index.


Related Articles

  • Natural gas, crude oil prices increase. Mills, Alex // Breckenridge American;11/7/2007, Vol. 89, p7A 

    The article reports on the increase in the prices of crude oil and natural gas on the New York Mercantile Exchange (NYMEX) in October 2007. Prices for crude oil and natural gas increased by 18 percent during the month. According to the U.S. Department of Energy's (DOE) Energy Information...

  • ICIS news January 1-8.  // ICIS Chemical Business;1/14/2008, Vol. 273 Issue 2, p8 

    This section offers news briefs related to the petrochemical industry from January 1-8, 2008. In Singapore, Asia's acetic acid is expected to correct to &500-600/tonne in 2008. In London, England, European petrochemical producers express concern that margins would be further squeezed after the...

  • Megamalls. Nusbaum, David // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jan1995, Vol. 24 Issue 1, p68 

    Features the exchange consolidation this year led by membership approval of the New York Mercantile Exchange (NYMEX)/COMEX merger, Brazil's Bolsa de Mercadorias & Futuros (BM&F) and China's move to unite its market.

  • N.Y. Merc to merge gold and platinum operations.  // American Banker;10/3/1994, Vol. 159 Issue 190, p26 

    Reports that the New York Mercantile Exchange has planned several measures to develop trading synergies between gold and platinum after its merger with Commodity Exchange Incorporated.

  • NYMEX buys COMEX. Reerink, Jack // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jun94, Vol. 23 Issue 6, p10 

    Reports on the merger of Commodity Exchange (COMEX) and New York Mercantile Exchange (NYMEX) in April 1994. Creation of the world's fifth largest futures exchange; NYMEX takeover of COMEX.

  • Better future for exchanges. Harrington, John // Crain's New York Business;5/2/94, Vol. 10 Issue 18, p34 

    Reports on the merger between the New York Mercantile Exchange (Nymex) and the Commodity Exchange (Comex) members. Worldwide interest in Comex's gold contracts; Terms of the deal.

  • COST OF CARRY ON STEROIDS: APPLICATION TO OIL FUTURES PRICING. Girard, Eric; Reid, Trevor // International Journal of Business & Finance Research (IJBFR);2010, Vol. 4 Issue 2, p153 

    This paper develops an empirical cost of carry model with exogenously conditioned convenience yield. The approach is implemented using monthly prices of all futures contracts traded at the New York Mercantile Exchange between 1985 and 2006. Tests indicate that the model fits the data extremely...

  • Exchanges open arms. Bisset, Susan // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jul2002, Vol. 31 Issue 9, p14 

    Reports that the New York Mercantile Exchange (Nymex) and the International Petroleum Exchange (IPE) have added services to retain and attract institutional traders in an effort to stay on top of the electronic exchanges. Availability of OTC clearing at Nymex; Addition of a block facility to...

  • Pacific rim.  // Futures: News, Analysis & Strategies for Futures, Options & Deri;Mar1997, Vol. 26 Issue 3, p22 

    Focuses on the emergence of Tokyo Commodity Exchange (ToCom) as a force in metal and energy future trades in the Pacific. Plan of Nymex to forge partnership with ToCom.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics