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By Phil Flynn |
October 15, 2012
The oil market is on hold on news that should crush the market, yet it is failing to make a substantial move lower. Perhaps the market is skeptical of the offer by Iran.
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By Phil Flynn |
October 8, 2012
If traders believe that the Iran sanctions are starting to work perhaps forcing a change in the power structure of the regime, it is very possible that the possibility of an attack on Iran is diminishing.
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By Phil Flynn |
October 5, 2012
The West Coast gas market is in chaos, driving prices to record highs and causing shortages of gasoline and the closing of gas stations. Refinery fires and maintenance have conspired to reduce supplies.
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By Phil Flynn |
October 4, 2012
Oil washed out, far exceeding the moves lower in other commodities and Mitt Romney finally frames the energy debate hitting Obama in the green where he is most vulnerable.
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By Phil Flynn |
October 3, 2012
As oil prices soared to a record high in 2008, traders, politicians and regulators were stunned as oil made a move of historical portions. Now oil traders are cheering the overturning of position limit rules.
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By Phil Flynn |
September 25, 2012
Despite the Iranian risk bounce, oil seems more fixated with Europe. Oil seemed unmoved by an ok but not great Spanish auction.
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By Phil Flynn |
September 17, 2012
In the aftermath of all the market euphoria after QE3, it seems that already governments are using the stimulus as an excuse to not face the tough questions that really face them.
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By Tiffany Kary and Greg Farrell, Bloomberg |
August 24, 2012
HSBC Holdings Plc, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.
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By Phil Flynn |
August 22, 2012
The commodity markets are bullish again and let me count the ways. Many of the old time commodity markets are breaking out and for a host of different reasons
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By Phil Flynn |
August 17, 2012
Higher gasoline prices are starting to worry the Obama administration as talk of a release of oil from the Strategic Petroleum Reserve.
