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By Dominick Chirichella |
December 19, 2012
With geopolitics less of an issue or price driver than it was the last month or so the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals equally important.
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By Dominick Chirichella |
December 12, 2012
With geopolitics less of an issue or price driver than it was the last few weeks the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals equally important.
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By Dominick Chirichella |
December 5, 2012
With geopolitics less of an issue or price driver than it was the last few weeks the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals a close second.
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By Dominick Chirichella |
November 28, 2012
Now that a deal has been reached to provide the next batch of financial aid to Greece, the market has turned its attention to the U.S. fiscal cliff negotiations.
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By Dominick Chirichella |
November 21, 2012
With geopolitics the main oil price driver and the global economy and oil fundamentals a close second, this week's oil inventory report may not be much of a price catalyst.
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By Dominick Chirichella |
November 14, 2012
With the global economy and oil fundamentals continuing to be the main focus of the trading community, this week's oil inventory report could be a price catalyst if the outcome shows a large deviation from the projections.
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By Dominick Chirichella |
October 24, 2012
The global economy is going nowhere quick and now it is starting to be reflected in corporate earnings reports. This sent equities into a tailspin that weighed on oil over concern that oil demand growth is also going to slow further.
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By Dominick Chirichella |
October 17, 2012
A sprinkle of optimism coming from Europe coupled with some early corporate earnings reports that came in better than expected was enough to send the equity markets into a decent one day rally that spread to the oil sector.
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By Dominick Chirichella |
October 3, 2012
The combination of slow growth in the global economy along with current fundamentals that are starting to show signs of supply outstripping demand have kept oil prices hovering near the lower end of the trading range for the last two weeks.
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By Dominick Chirichella |
September 26, 2012
Oil quickly is coming to the reality that QE3 in the US, more QE in the UK and Japan as well as the ECB bond buying program are not likely to result in a major growth spurt in any of the aforementioned economies.
