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By Phil Flynn |
December 17, 2012
With the approaching holiday and the lack of market commitment, oil will continue to stay range bound with an upward bias.
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By Barbara J Powell, Bloomberg |
December 5, 2012
Gasoline fell to a three-week low after the Energy Department reported that inventories of the motor fuel rose the most last week since the terrorist attacks on the World Trade Center in New York.
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By Phil Flynn |
November 29, 2012
Oil has struggled as it copes with continued demand destruction following Hurricane Sandy, balancing builds in supply with on-going refinery complications.
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By Phil Flynn |
November 21, 2012
We all have a lot to be thankful for, especially if you are a commodity news junkie. It seems we have had a cornucopia of news and it just keeps giving.
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By Barbara Powell, Bloomberg |
November 20, 2012
Gasoline fell as Hess Corp. returned its New Jersey refinery to full production and as crude declined on optimism that Israel and members of the Islamist Hamas movement will agree to a cease-fire.
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By Phil Flynn |
November 6, 2012
The late day spike seemed to start in Brent crude and could be a sign of the market growing uneasy with the violence on the Saudi-Yemen border.
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By Phil Flynn |
November 1, 2012
Today the energy complex is going to have to balance an increase in the China Purchasing Managers’ Index number versus the historic energy demand destruction caused by Hurricane Sandy.
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By Barbara J Powell, Bloomberg |
October 3, 2012
U.S. gasoline prices at the pump are poised to drop by year end, if history is any guide, as refineries resume production, Europe exports more fuel to the East Coast and Americans drive less.
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By Phil Flynn |
September 11, 2012
Gas prices still are not really coming down in Chicago or in China. Motiva Enterprises LLC expects to need another week to get the main production units running at its Convent, La. refinery.
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By Phil Flynn |
September 4, 2012
Of the 11 Gulf Coast refineries affected by Isaac-related flooding and power outages, one has returned to normal operation and nine others are restarting or operating at reduced rates.
