Market Outlook http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook RSS Feed for Market Outlook en-us Wed, 26 Oct 2011 14:46:29 GMT Oil hovers above $93 as traders await EU debt plan http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-hovers-above-93-as-traders-await-EU-debt-plan--132616233.html Oil prices hovered above $93 a barrel as traders waited for European leaders to announce a plan later Wednesday on how they plan to solve the region's debt crisis. Gas price could slide another 20 cents by year-end http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Gas-price-could-slide-another-20-cents-by-year-end--132550838.html Retail gasoline prices have dropped about 50 cents a gallon since the spring, and motorists could see them slide another 20 cents before the end of the year. U.S. unlikely to hit Renewable Fuel Standard for cellulosic biofuels http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/US-unlikely-to-hit-Renewable-Fuel-Standard-for-cellulosic-biofuels-131538743.html The biofuel industry will not be able to meet the cellulosic production requirements of the Renewable Fuel Standard without significant advancements in technology or investment, according to a National Academy of Sciences study prepared for Congress. Oil below $85 amid hope for EU debt crisis plan http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-below-85-amid-hope-for-EU-debt-crisis-plan--131514648.html Oil prices slipped below $85 a barrel Tuesday, as doubts surfaced about expanding a bailout plan in Europe and OPEC cut its estimate for world oil demand. Oil prices above $85 for first time since Sept. http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-prices-above-85-for-first-time-since-Sept--131470973.html Oil prices jumped more than 3 percent Monday after France and Germany agreed to strengthen Europe's ailing banks. Oil prices at $83 per barrel on jobs increase http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-prices-at-83-per-barrel-on-jobs-increase--131349273.html Oil prices climbed to near $83 per barrel as a volatile week for crude ended with news of a burst of hiring in the U.S. Here's a breakdown of how energy contracts traded Friday. Oil prices above $83 per barrel on jobs increase http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-prices-above-83-per-barrel-on-jobs-increase--131329539.html Oil prices are rising after a burst of hiring in the U.S. calmed fears of a new recession. Oil above $82 on positive news for Europe banks http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/-Oil-above-82-on-positive-news-for-Europe-banks--131273034.html Oil prices rose Thursday as Europe's central bank tried to strengthen the region's financial system. Benchmark crude jumped $2.91, or 3.7 percent, to finish at $82.59 per barrel in New York, while Brent crude rose $3, or 2.9 percent, to end at $105.73 in London. Oil near $81 on hopes of Europe action on banks http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-near-81-on-hopes-of-Europe-action-on-banks--131218444.html Oil prices rose above $80 a barrel Thursday, continuing a rebound from 12-month lows on signs that European finance officials are moving to bolster the region's banks. Oil climbs on positive signs for Europe economy http://www.cattlenetwork.com/cattle-news/markets/energy/market-outlook/Oil-climbs-on-positive-signs-for-Europe-economy--131167053.html Oil rebounded Wednesday from 12-month lows on signs that financial leaders will move to bolster struggling European banks and on positive U.S. economic news.