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By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
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By Shobhana Chandra, Bloomberg |
March 4, 2013
Americans are finding it easier to borrow from banks, supporting consumer spending and business investment and helping fuel employment just as U.S. government budget cuts start to take hold.
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By Shobhana Chandra, Bloomberg |
August 17, 2012
The jobless rate climbed in 44 U.S. states in July, showing last month’s increase in unemployment was broad based.
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By Phil Flynn |
August 15, 2012
After shocking drawdowns in supply the previous two weeks without much rhyme or reason, one might have thought that this week would be the week that you would have seen a drawdown.
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By Phil Flynn |
August 14, 2012
Another choppy, light volume day and if you were not paying close attention, you might not realize that oil is going higher.
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By Phil Flynn |
July 27, 2012
Mr. Mario Draghi, head of the European Central Bank, drug the oil market out of its renewed bearish malaise with a promise to do whatever it takes to save the euro.
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By Gary Kamen |
July 23, 2012
Market Pulse for July 23
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By Phil Flynn |
April 30, 2012
Natural gas rig counts may have hit a 10-year low but does that really mean that gas production will fall significantly enough to avoid a storage crisis?
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By Silla Brush, Bloomberg |
April 13, 2012
Democratic senators and representatives have submitted briefs to a federal judge saying Congress intended speculation limits to go into place as written and that Wall Street's challenge to those limits should be dismissed.
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By Phil Flynn |
March 15, 2012
Beware the Ides of March and be aware of the drop in distillate inventories in this week’s oil inventory report. Even Julius Caesar himself might have reason to be concerned about Europe and their cold winter.
