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By Gary Kamen |
June 17, 2013
The media spin on the $1.97 move up in oil last week was the unrest in the Middle East, more specifically the Syrian crisis. Now, last time I looked Syria is not a huge oil producing country.
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By Kris Hicks |
June 17, 2013
July natural gas broke down once again during this past trading week as it was unable to hold the modest two-day rally heading into the weekend as the market closed near the lows of the week.
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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 Peter Millard and Laurie Hays, Bloomberg |
June 14, 2013
Brazil is preparing to woo producers by offering at most a 30% take for developing its largest oil field. Analysts say it’s enough to spur interest.
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By Joe Carroll and Edward Klump, Bloomberg |
June 14, 2013
The pioneers of America’s shale gas and oil revolution have done their work. Now it’s time for the factory crews to take over.
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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 Chris Vermeulen |
June 13, 2013
Seasonal charts allow us to look at what the average price for an investment does during a specific time of the year. The gold and oil seasonal charts below clearly show that we are entering a time where price tends to drift higher.
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By Kris Hicks |
June 13, 2013
July Natural Gas rallied off its overnight lows on Wednesday to close above the previous day’s mid-point and log its first substantial gain in almost three weeks.
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By Phil Flynn |
June 13, 2013
Warnings that crude supply could tighten by the International Energy agency gave bulls reasons for hope, yet OPEC is warning of potential threats to the oil market's balance and reported an increase in its own output in May.
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By Dominick Chirichella |
June 12, 2013
Oil prices are steady as we await confirmation from the EIA of a massive build in supplies. The IEA also just released their monthly oil market assessment and also lowered global oil consumption slightly for 2013.
