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By Dominick Chirichella |
May 15, 2013
The growing market concern over the weakening oil fundamental picture is continuing to pressure oil prices with the complex declining for the fourth trading session in a row.
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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Toni Hansen |
April 26, 2013
Earnings reports will spotlight next week
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By Phil Flynn |
April 25, 2013
We might just have a summer driving season after all. The EIA shocked the market by reporting that American responded to the dramatic two-week drop in gas prices by topping off their tank in the biggest weekly jump in gas demand since before the Thanksgiving Day holiday
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By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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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 Toni Hansen |
February 3, 2013
Mortgage data, trade numbers, consumer credit and natural gas inventories will come out this week. Plus, we list upcoming earnings.
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By Phil Flynn |
February 1, 2013
Terror attacks! Explosions! Rumors of war! Yet oil remains unmoved. In a sad commentary on the world we live in the oil market has a built-in price for war terror and destruction.
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By Phil Flynn |
January 28, 2013
While WTI and heating oil look toppy, RBOB on the other-hand looks poised to drive higher. RBOB looks to target more than $3.00 a gallon basis the March future.
