About the Author
Phil Flynn
Phil Flynn is senior energy analyst at The PRICE Futures Group and a Fox Business Network contributor. He is one of the world's leading market analysts, providing individual investors, professional traders, and institutions with up-to-the-minute investment and risk management insight into global petroleum, gasoline, and energy markets. His precise and timely forecasts have come to be in great demand by industry and media worldwide and his impressive career goes back almost three decades, gaining attention with his market calls and energetic personality as writer of The Energy Report. You can contact Phil by phone at (888) 264-5665 or by email at pflynn@pricegroup.com. Learn even more on our website at www.pricegroup.com.
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented by The PRICE Futures Group is from sources believed to be reliable and all information reported is subject to change without notice.
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By Phil Flynn |
June 18, 2013
Who's afraid of the big bad Fed? Oil traders, that’s who! Oil succumbed to the rising dollar after homebuilder confidence hit the highest level in seven years.
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By Phil Flynn |
June 17, 2013
Syria sizzles, Iran gets a new President and oil soars to a nine-month high. Welcome to risk premiums that seems to be back in the oil market despite the fact that North Korea is asking for a handout.
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By Phil Flynn |
June 14, 2013
When it comes to gas prices in the Midwest it seems that lightning strikes again and again and again. Just when it seemed that Midwest refineries were starting to get their act together, lightning strikes and prices go crazy again.
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By Phil Flynn |
June 13, 2013
Warnings that crude supply could tighten by the International Energy agency gave bulls reasons for hope, yet OPEC is warning of potential threats to the oil market's balance and reported an increase in its own output in May.
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By Phil Flynn |
June 12, 2013
Now that we are back to normal, the market at least for now, is focused on a mountain of supply and a questionable central bank stimulus putting oil back on the downward track.
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By Phil Flynn |
June 11, 2013
The EIA shocked in a good way when they reported a major increase in global oil supply! According to that number and assuming the world consumes 19 million barrels of oil per day, we then have 497 years of oil left.
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By Phil Flynn |
June 10, 2013
The U.S. jobs report was just right. Strong enough to suggest decent energy demand but not enough of a blockbuster that may force the Fed to hurry up and taper.
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By Phil Flynn |
June 7, 2013
The oil market also got support from the falling dollar but also from tropical Storm Andrea that will slow imports into the Gulf of Mexico. Nat gas got blindsided by a wildly bearish weekly EIA report.
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By Phil Flynn |
June 6, 2013
Oil supply plunged last week by a whopping 6.3 million barrels last week. That drop was dramatic but we still are ending the month of May with supplies at a 10-year high -- as opposed to the 81-year high last week.
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By Phil Flynn |
June 5, 2013
Goldman Sachs says that the Fed will say goodbye to easing and start to tapper bond buys in September. The so called taper is sending stocks lower but oil is hanging tough.