Officials, analysts debate causes of price flux for crude futures

As the Commodity Futures Trading Commission investigates Monday's record one-day gain in prices for crude oil futures on the New York Mercantile Exchange, government officials and analysts are debating whether it was prompted because a company found itself suddenly short of crude for October delivery after hurricanes shut down Gulf of Mexico production. Howard Gruenspecht, the Energy Information Administration's acting chief, said the price flux was either a short-squeeze or "manipulation."

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Senior Business Analyst II
Airline Tariff Publishing Company
Dulles, VA
Analyst, Product Development
masFlight
Ontario, CA
Senior Analyst, Route Planning
JetBlue Airways Corp.
Long Island City, NY
Sales Engineer: Aerospace and Defense
Hydra-Electric Company
Burbank, CA
Technical Writer- Subject Matter Expert (SME)- Maintenance
Allegiant Travel Company
Las Vegas , NV