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By Mark Shenk, Bloomberg |
May 30, 2012
Oil tumbled to a seven-month low on speculation that U.S. crude stockpiles climbed to the highest level since 1990 and as the euro weakened on concern that the debt crisis will overwhelm Spain.
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By Phil Flynn |
May 8, 2012
The euro currency technically and fundamentally is in trouble and so too is the long commodity trade. Traders more and more will seek safe harbor in the dollar and bonds, and commodities will seek to trade in a lower range.
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By Phil Flynn |
April 4, 2012
Darn those speculators! No I am not talking about traders. I am talking about those counties in Europe and Asia that continue to hoard supply ahead of what they "speculate" will be a disruption of supply.
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By Phil Flynn |
March 30, 2012
Oil consuming nations may seek reassurance from Saudi Arabia that it will not cut oil production and neutralize the impact on oil prices if consumer countries release emergency reserves.
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By Ayesha Daya and Gregory Viscusi, Bloomberg |
March 29, 2012
France said governments are moving closer to an agreement on a release of oil from emergency stockpiles to stem gains in crude that have driven prices to the highest levels in three years.
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By Mark Shenk, Bloomberg |
March 23, 2012
Oil surges near $3 on report Iranian production will drop an additional 300K barrels due to sanctions.
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By Ayesha Daya, Bloomberg |
March 20, 2012
Saudi Arabia can increase crude production by as much as 25 percent immediately if needed, the country’s oil minister said, seeking to allay the concern over supplies that has driven prices to the highest in three years.
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By Phil Flynn |
March 14, 2012
It seems that pledge is an acknowledgment from the Saudis that the Iran situation exceeds their worries about an oil glut.
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By Phil Flynn |
December 7, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
April 18, 2011
Daily energy fundamentals with Phil Flynn
