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By Phil Flynn |
May 9, 2012
Concerns that Greece may default and turn away from the Eurozone have killed the euro and tanked oil as well. Of course the fact that supply of oil is overflowing had some impact as well.
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By Phil Flynn |
May 8, 2012
The euro currency technically and fundamentally is in trouble and so too is the long commodity trade. Traders more and more will seek safe harbor in the dollar and bonds, and commodities will seek to trade in a lower range.
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By Jon Nadler |
May 7, 2012
Spot gold bullion traded at lows near the $1,635 level in Sunday night trading, while the news from Paris also engendered bid-side quotes at near $29.90 for silver.
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By Phil Flynn |
May 7, 2012
The oil market, already reeling from the weak jobs report, sold off more on fears that uncertainty in Europe will hurt demand. Perhaps more spending by France will help demand but at first glance, the market is not buying that argument.
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By Ayesha Daya and Gregory Viscusi, Bloomberg |
March 29, 2012
France said governments are moving closer to an agreement on a release of oil from emergency stockpiles to stem gains in crude that have driven prices to the highest levels in three years.
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By Steve Zwick |
March 1, 2012
Sarkozy goes rougue
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By Phil Flynn |
January 10, 2012
Daily energy fundamentals from Phil Flynn
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By Jon Nadler |
November 17, 2011
Daily metals update including analysis of gold and silver
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By Phil Flynn |
October 20, 2011
Daily energy fundamentals from Phil Flynn
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By Dominick A. Chirichella |
October 19, 2011
The API reported a large draw in crude oil inventories of about 3.1 million barrels with a modest decrease in imports and no change in refinery run rates
