Energy

Energy Report

Tweets and Hurricanes Stall Oil Rally

Phil Flynn
October 7, 2020
Stymied oil futures were stopped in their bullish tracks after President Trump tweeted. The crude oil market also lost more ground after the API report showed a surprise increase in crude oil supply.
Energy Report

The Energy Rally Is Based on More Than the Weather

Phil Flynn
October 6, 2020
Delta and Gamma are going to create volatility in the energy markets. No, I’m not talking about the the risk variable of options or the relationship of the opportunity with another underlying variable but Tropical Storm Gamma and Hurricane Delta.
The Energy Report

Oil's Risk-On Rally

Phil Flynn
October 5, 2020
The oil market is on the mend and may have finally found its seasonal bottom. Stimulus hopes, a healing President Trump, and storm fears are giving the oil a risk-on rally.
Energy Report

The Crude Oil Market Is in a Funk

Phil Flynn
September 30, 2020
The best way to explain the market action in the energy complex is to compare it to last night's presidential debate—kind of a mess with a lot of data that does not seem to match the current reality. Market action, to say the least, has been lousy.
Energy Report

Energy Policy and the Presidential Debate

Phil Flynn
September 29, 2020
Today’s API report may be anti-climactic as the world awaits the U.S presidential debates.
The Energy Report

China Is Driving the Demand Recovery

Phil Flynn
September 28, 2020
Oil prices are creeping back up on hopes for a relief package.Heavy traffic and industrial data out of China, are raising demand hopes.
Energy Report

Oil Futures in a Tight Trading Range

Phil Flynn
September 25, 2020
Oil prices can’t shake the virus. Reports that U.S. Covid-19 cases jumped over 45,000 in one day in the U.S., and deaths reached 900 turned slightly optimistic market sentiment into a more negative mood. 
Energy Report

Energy Market Ignores a Bullish EIA Report

Phil Flynn
September 24, 2020
Oil prices need a shot of something. The Federal Reserve wants it to be another shot of stimulus and perhaps a shot of a Covid-19 vaccine.
Natural Gas Futures

Natural Gas Prices Explode on Stronger Demand

OilPrice.com
September 24, 2020
Rallying from a 7-week low in the prior session, natural gas futures rose more than 15% on Wednesday afternoon as the demand outlook for natural gas improves.
Energy Report

The Oil Market Fears a Glut

Phil Flynn
September 23, 2020
It might be the storm or rising demand or refiners not procuring gasoline. Whatever it is, the API reported a stunning 7.735 million barrel drop in gasoline supply making it the darling of the sector as we are in winter blends category.