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By Phil Flynn |
April 3, 2013
Why all this interest in the long side of natural gas? Because the hedge funds realize that we are crossing that historic turning point in this market where demand growth expectations will start to outstrip production increases.
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By Phil Flynn |
March 27, 2013
Oil prices tried to put Cyprus aside and decided to focus on improving U.S. economic data and seasonal factors. There are still fear that there could be a run on banks across Europe.
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By Anthony Lazzara |
March 20, 2013
RBOB completed a classic seasonal rally in the beginning of this year, and since hitting a high of $3.30, has sold off almost $.30 in 30 days, hitting a low of $3.02 today. This is our very important pivot level for this market.
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By Phil Flynn |
March 12, 2013
While the oil market fell, RBOB gasoline futures have gone crazy. Yet behind the volatility are a story of record high renewable fuel credits, surging ethanol costs and the possibility of government mandated shortages.
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By Phil Flynn |
March 11, 2013
After a late spike on Friday afternoon and more follow through this morning, RBOB futures are rebounding like crazy. Refiners are drawing down winter blend inventories and supply is falling.
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By Barbara Powell, Bloomberg |
March 6, 2013
Gasoline sank as the Energy Information Administration reported East Coast stockpiles increased and imports jumped. Crack spreads narrowed.
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By Phil Flynn |
February 28, 2013
If almost on cue and just as I said one day earlier, gas confirmed a major top and we got a wild drop against a back drop of some historic numbers on U.S. oil production!
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By Phil Flynn |
February 19, 2013
Maybe we could give up gasoline for lent. While gas prices have only gone up 32 days in a row, not 40, it feels as if we all are paying some penance.
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By Phil Flynn |
February 15, 2013
A surge on talk of refining issues and tight gasoline blending components sent prices flying. Yet the lack of follow-through with crude oil and heating oil may mean that this run on gas may soon be coming to an end.
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By Barbara Powell, Bloomberg |
February 14, 2013
Gasoline jumped to a four-month high as the March contract’s discount to April futures narrowed for the first time in four days.