Crude oil prices continue to rise as the market prepares for another drop in the U.S. rig count and floods in the Gulf of Mexico could slow U.S. oil imports. This comes as Exxon Mobil and Chevron report earnings and no doubt more capital spending cuts in a historic retrenchment in the oil complex.
The 167-year history of Chicago’s futures trading pits is a rich one. Everyone who has spent time on the floor has their own unique stories. Here are just a few.
Daily fundamental energy report from Phil Flynn