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By Phil Flynn |
September 21, 2012
Oil prices are making a rebound after what was close to, but not quite, a $10 correction. Oil has fallen close to 7% since last Friday.
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By Ayesha Daya, Bloomberg |
August 9, 2012
Iraq’s crude output rose above 3 million barrels a day last month for the first time since the 2003 U.S.-led invasion that toppled Saddam Hussein, according to the Organization of Petroleum Exporting Countries.
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By Ayesha Daya and Nayla Razzouk, Bloomberg |
June 13, 2012
Divisions within OPEC signal the group will probably keep its crude production ceiling unchanged tomorrow as falling prices limit Saudi Arabia’s ability to justify a higher quota.
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By Dominick A. Chirichella |
June 13, 2012
Event risk will take over as the main price driver for all of the risk asset markets, including the oil complex, as the macro correlations remain very tightly linked.
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By Phil Flynn |
May 14, 2012
If China can’t give the oil market a bounce with a bank reserve requirement cut, then it would appear that oil is just surrendering to the increasingly bearish fundamentals.
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By Phil Flynn |
May 11, 2012
People should stop worrying about the break below $100 a barrel and start worrying about whether $90 a barrel can hold
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By Phil Flynn |
April 24, 2012
Natural gas pops on a last blast of snow and cold at the end of April. A nor’easter seemed to give natural gas bulls hope that perhaps a bottom may be in for natural gas or perhaps it is just a snow job.
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By Phil Flynn |
April 17, 2012
Things may be tough in the global economy but not so much for OPEC. According to the Energy Information Agency OPEC profits hit a record high.
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By Paul D. Cretien |
February 1, 2012
Finding price points for profit, forecasting option breakeven prices and energy market commodities
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By Phil Flynn |
January 4, 2012
Daily energy fundamentals from Phil Flynn
