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By Dominick Chirichella |
January 9, 2013
The macro global supply and demand is coming down to U.S. and China...the part I did not think I would say is the U.S. part as the production success has been unprecedented.
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By Phil Flynn |
January 7, 2013
Last week traders were shocked at the Energy Information Agency when they reported that U.S. commercial crude oil inventories decreased by 11.1 million barrels from the previous week.
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By Dominick Chirichella |
December 19, 2012
With geopolitics less of an issue or price driver than it was the last month or so the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals equally important.
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By Phil Flynn |
December 13, 2012
After a big jump we fell on worries that the cliff will not be avoided. Additionally, the Chinese’s benchmark fell putting downward pressure on metals and on oil.
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By Dominick Chirichella |
December 12, 2012
With geopolitics less of an issue or price driver than it was the last few weeks the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals equally important.
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By Phil Flynn |
December 6, 2012
The Energy Information Administration released its long awaited report on the impact of U.S. natural gas exports and it should be very exciting for every American interested in jobs and growth.
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By Dominick Chirichella |
December 5, 2012
With geopolitics less of an issue or price driver than it was the last few weeks the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals a close second.
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By Dominick Chirichella |
November 28, 2012
Now that a deal has been reached to provide the next batch of financial aid to Greece, the market has turned its attention to the U.S. fiscal cliff negotiations.
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By Dominick Chirichella |
November 21, 2012
With geopolitics the main oil price driver and the global economy and oil fundamentals a close second, this week's oil inventory report may not be much of a price catalyst.
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By Dominick Chirichella |
November 14, 2012
With the global economy and oil fundamentals continuing to be the main focus of the trading community, this week's oil inventory report could be a price catalyst if the outcome shows a large deviation from the projections.
