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By Phil Flynn |
February 5, 2013
The Brent vs. West Texas Intermediate spread favored Brent by the biggest margin since December as the saga of reduced pipeline runs through the Seaway will back up oil in Cushing Oklahoma once again.
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By Phil Flynn |
February 4, 2013
Oil bears up until this point may know how the 49s feel but it looks more and more likely that the upside run is coming to an end.
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By Phil Flynn |
January 31, 2013
It was a surprising increase in refinery runs of 1.4% that had some heads scratching especially because of all of the reports of refinery maintenance and turmoil.
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By Anthony Lazzara |
January 23, 2013
RBOB had a massive rally starting in June 2012, then starting to experience a range trade between approximately $2.85 and $2.60 since hitting a recent high in September.
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By Phil Flynn |
January 2, 2013
Oil prices had the shackles removed and spiked higher after the Republicans caved and agree to a bill that will raise taxes on families that earn over $450,000. Of course for oil bulls any deal is better than no deal.
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By Lynn Doan, Pratish Narayanan and Lananh Nguyen, Bloomberg |
December 18, 2012
Retail gasoline prices in the U.S. fell to the lowest level in a year as refineries restored production and stockpiles rose to the most in eight months, blunting criticism of President Barack Obama’s energy policies.
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By Phil Flynn |
December 18, 2012
Oil prices are back on the rise as it appears that both sides of the fiscal cliff negotiations are willing to give a little bit.
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By Phil Flynn |
December 17, 2012
With the approaching holiday and the lack of market commitment, oil will continue to stay range bound with an upward bias.
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By Phil Flynn |
December 14, 2012
'Tis the season for natural gas withdrawals. While Frosty is melting away with warm winter temperatures, natural gas supplies are rising.
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By Barbara J Powell, Bloomberg |
December 6, 2012
Gasoline sank to a four-week low after European Central Bank President Mario Draghi said the region’s economic weakness will persist, reducing fuel demand, and as U.S. budget talks are stalled.
