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By Phil Flynn |
February 6, 2013
There were more pipeline and refinery problems leading to the likelihood of more crude oil back-ups and a renewed widening of the Brent/WTI spread.
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By Phil Flynn |
January 24, 2013
A Seaway glitch and the house passage of a short term extension of the debt ceiling along with a reduction in the IMF growth forecast, helped oil have its biggest drop of this New Year.
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By Moming Zhou, Bloomberg |
January 18, 2013
Oil headed for the longest weekly winning streak in 14 months in New York after growth accelerated in China, the world’s second-biggest crude-consuming country.
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By Phil Flynn |
January 16, 2013
Well it may not have really felt like it to the Canadian oil producers but according to the International Energy Agency 2012 report, the price of oil averaged $112.00 a barrel, the highest price in history.
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By Phil Flynn |
January 9, 2013
Sometimes statistics lie and liars use statistics, yet when it comes to the shale gas revolution the numbers are saying that the energy world has changed forever.
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By Phil Flynn |
January 4, 2013
So much for Federal Reserve transparency, it is very clear after the release of the Fed minutes that the Federal Reserve either misled the market after the last Fed meeting or there is something more sinister going on.
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By Phil Flynn |
December 28, 2012
As we get ready to say goodbye and good riddance to 2012, we are also saying goodbye to oil’s historic run. Unless oil make a last minute run it appear that West Texas Intermediate oil could have its first losing year since the meltdown in 2008
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By Phil Flynn |
December 19, 2012
Oil prices started to round off at the lower end of the trading range and started to make a decisive move higher just as Crude option volatility hits a low for the year.
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By Phil Flynn |
November 28, 2012
Traders are rolling the day product expiration and may not get long as it looks like politicians are destined to sink the economy over political ideology.
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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.
