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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 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 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 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 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.
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By Dominick Chirichella |
October 24, 2012
The global economy is going nowhere quick and now it is starting to be reflected in corporate earnings reports. This sent equities into a tailspin that weighed on oil over concern that oil demand growth is also going to slow further.
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By Dominick Chirichella |
October 17, 2012
A sprinkle of optimism coming from Europe coupled with some early corporate earnings reports that came in better than expected was enough to send the equity markets into a decent one day rally that spread to the oil sector.
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By Dominick A. Chirichella |
October 10, 2012
Oil made a strong recovery on Tuesday on a combination of short covering and ongoing concern over the evolving geopolitical situation in the Middle East
