Energy

The Energy Report

Oil Traders Speculate Shock and Awe Major Production Cuts, OPEC Disappointed With Demand  

Phil Flynn
August 16, 2019
The Yield curve un-inverted and with strong U.S. economic data, oil and oil products are making a strong comeback. Oil, instead of worrying about a recession a year or two or 5 years from now, will have to find an answer for strong U.S. oil demand.
The Energy Report

Global Risk-Off Trade Hits WTI Oil Futures, Demand Data More Bullish

Phil Flynn
August 15, 2019
Real data that showed U.S. gasoline demand at a record high and U.S. road traffic volume that was up +1.1% in the three months Apr-Jun compared with the same period a year earlier. 
The Energy Report

Crude Oil Prices Wild Ride - Dead Cat Bounce?

Phil Flynn
August 14, 2019
Yesterday, WTI futures rallied up 4% on positive trade war news, then overnight futures went back in the hole -3.2%.
The Energy Report

Oil Prices Strong Despite Global Economic Turmoil

Phil Flynn
August 13, 2019
The oil market was able to withstand mounting economic headwinds as it prepares for what should be a big drop in U.S. crude supply and the fact that Saudi Arabia is already reducing allocations.
The Energy Report

U.S. Oil Producers Struggle With Costs Rising and Oil Prices Stagnation

Phil Flynn
August 12, 2019
Crude oil gave in to the Monday blues after holding steady most of the night before going south.
Futures Performance Summary

Be In The Know - Futures and Commodities Performance Summary

Futures Magazine
August 11, 2019
Prepare for trading each week like smart hedge fund managers. Reviewing performance helps portfolio managers find the next trade.
Tokyo Commodity Exchange Electricity Futures

TOCOM Plans to Launch Electricity Futures on September 17 

Futures Magazine
August 09, 2019
The Tokyo Commodity Exchange announced today regulatory approval for electricity futures.
The Energy Report

Despite Bullish Data, Brent Crude Futures In Bear Market Territory

Phil Flynn
August 07, 2019
Even a bullish American Petroleum Institute (API) report initially did not show oil bulls any love until the rate-cutting craze swept the globe. Oil seems to be ignoring a dramatic tightening of the U.S. oil supply.
The Energy Report

Trade War Stoke Fears of Weak Oil Demand, Brent Crude Weaker vs WTI

Phil Flynn
August 06, 2019
Brent crude took a larger hit than the WTI futures partly because of new North Sea production but also because of fears of a trade war and a “hard” Brexit will hurt European demand more than US demand. 
The Energy Report

Trade War Overshadows Iran Seized Tanker and Bullish Oil Fundamentals

Phil Flynn
August 05, 2019
A trade war tit for tat is overshadowing bullish fundamentals for the oil market and even with the fact that Iran detained another oil tanker over the weekend.