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By Phil Flynn |
May 6, 2013
A better than expected Jobs report and Israel attacking Syria's military and weapons instillation has shocked oil out of it recent bearishness. Oil is on a tear and is bringing the products along with it.
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By Phil Flynn |
April 23, 2013
Oil prices fell as the flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 the month before as new export orders shrank in China. The long-term natural gas story is getting out.
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By Joe Carroll and Rebecca Penty, Bloomberg |
April 3, 2013
Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market.
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By Phil Flynn |
February 26, 2013
The reverse in the euro caused a reversal in oil and to be honest, it was due for a sell off. The technical picture is playing out as we expected with the bottom in December to the top near $97 and now a target of $91.
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By Phil Flynn |
February 25, 2013
Natural gas is popping and readers of The Energy Report know that long-term I think we have hit a major bottom, and it looks like I am not alone.
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By Tsuyoshi Inajima and Sally Bakewell, Bloomberg |
February 20, 2013
Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
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By Michelle Wiese Bockmann, Bloomberg |
February 14, 2013
The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders for specialized ships to haul propane and butane.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Matthew Brown, Bloomberg |
January 11, 2013
Profits from selling U.S. liquefied natural gas abroad may be elusive, belying the $60 billion race for export licenses as the price gap between Asia and North America shrinks from record levels.
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By Canaccord Genuity Morning Coffee |
April 18, 2012
U.S. regulators approved the country’s first liquefied natural gas (LNG) export plant in 50 years late Monday, giving shares of Cheniere Energy a boost in Tuesday trading.