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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 |
May 24, 2013
Can you taper up? Oil Prices rebounded after a big fall in part because of a misunderstanding. Apparently you can taper up as well as taper down in what I guess you can call the tale of the taper.
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By James Stafford |
May 24, 2013
If you want an objective view of energy, ask an economist, who can tell you what to expect to pay at the pump in the coming years, and why, as well as what to expect from medium- and long-term economic growth and what the real drivers will be.
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By Phil Flynn |
May 23, 2013
Fed Chairman Ben Bernanke does his best impression of a one-handed economist. But while the market focuses of the possibility of softening demand because of the Fed and China there was one area where demand actually improved...
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By Phil Flynn |
May 22, 2013
Oil continues to look weak despite a rebounding euro and the cloud of Ben Bernanke. Products seemed to have topped because of frantic pre-holiday wholesale cash buying.
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By Phil Flynn |
May 21, 2013
With gold and silver capitulating and Treasury yield rising, oil will have to balance the bearish implications of the Fed talking about an exit strategy versus the disinflation that is now plaguing Europe.
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By Phil Flynn |
May 20, 2013
Natural gas soars as gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices.
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By Phil Flynn |
May 17, 2013
Against a backdrop of rising supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff to the summer driving season.
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By Phil Flynn |
May 16, 2013
Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weigh on the market outlook.