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By Jamie Macrae |
May 13, 2013
Since the beginning of February, the discount of WTI to global prices has fallen quickly, primarily because of changes in pipeline infrastructure that has brought cheaper mid-continent crude oil to the U.S. Gulf coast.
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By Phil Flynn |
March 28, 2013
It is absolutely amazing the way the energy world has been transformed in recent years — so much so that many are calling for the End of An Era for oil because of natural gas.
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By Phil Flynn |
February 28, 2013
If almost on cue and just as I said one day earlier, gas confirmed a major top and we got a wild drop against a back drop of some historic numbers on U.S. oil production!
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By Phil Flynn |
February 13, 2013
The oil market is once again in the grasp of global central bankers as currency fluctuations and not so much supply and demand seem to be the factors that are driving recent momentum.
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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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 Mark Shenk, Bloomberg |
December 31, 2012
Oil in New York rose on optimism that negotiators will reach a last-minute U.S. budget deal that would avert more than $600 billion of tax increases and spending cuts that threaten economic growth.
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By Grant Smith, Fred Pals and Nayla Razzouk, Bloomberg |
December 12, 2012
OPEC kept its production target unchanged for a second time this year as the group’s members judged prices are sufficiently high amid forecasts that supply will outpace demand for their crude in 2013.
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By Phil Flynn |
December 12, 2012
OPEC is not what it used to be. While traders are focused on the Fed and OPEC, history in the oil patch continues to be made as evidenced by more data from the Energy Information Agency.
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By Jim Snyder, Bloomberg |
October 10, 2012
U.S. households that use heating oil will face record prices this winter as weather forecasters predict colder temperatures in the Northeast