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By Phil Flynn |
September 7, 2012
About an hour before the pit session closed yesterday, a story circulated that there was going to be a release of oil from the Strategic Oil Reserve this weekend and that started the big sell-off.
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By Phil Flynn |
August 30, 2012
If short sided oil traders thought they would be basking in sunny big time profits after the storm, I would have to say at this point, they have to be a bit disappointed.
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By Dominick Chirichella |
August 29, 2012
As Hurricane Isaac passes through the area over the next several days the industry will be able to quickly assess the condition of the oil and Nat Gas facilities. Until then, it focuses on inventories.
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By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
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By Kasia Klimasinska, Bloomberg |
August 28, 2012
Rising gasoline prices and production cuts tied to a tropical storm churning through the Gulf of Mexico have some energy analysts predicting the U.S. will announce a release from its Strategic Petroleum Reserve.
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By Naureen S. Malik, Bloomberg |
August 27, 2012
Natural gas fell to a two-month low in New York on speculation that production cuts in the Gulf of Mexico because of Tropical Storm Isaac will do little to ease a supply glut.
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By Alex Sosnowski |
August 27, 2012
AccuWeather.com reports while from a core meteorological standpoint Isaac will not be another Katrina in terms of intensity, it is still a dangerous storm.
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By Ayesha Daya, Bloomberg |
June 26, 2012
Oil was little changed in New York after a storm avoided the Gulf of Mexico’s energy-producing area and amid speculation European leaders will fail to stem its debt crisis that threatens to curb fuel demand.
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By Phil Flynn |
September 8, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
September 6, 2011
Daily energy fundamentals from Phil Flynn