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By Mark Shenk, Bloomberg |
May 7, 2013
The U.S. Energy Information Administration reduced its crude-oil price forecast for 2013 because of falling futures and increasing production outside of the Organization of Petroleum Exporting Countries.
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By Dominick Chirichella |
May 1, 2013
After attempting to breakout through the upper range resistance level, all of the commodities in the oil complex failed and have been in retreat mode since early yesterday and into this morning so far.
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By Dominick Chirichella |
April 17, 2013
Is the worst of the risk asset selling over or was Tuesday’s trading activity just a bit of short covering rally in a broader downtrend that is just getting underway? The market sentiment tends to quickly react to changes in the status of the global economy.
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By Mark Shenk, Bloomberg |
April 16, 2013
Brent crude fell below $100 a barrel for the first time since July on signs economic growth will slow, curbing demand. West Texas Intermediate oil was little changed before a report that may show a U.S. supply gain.
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By Mark Shenk, Bloomberg |
April 9, 2013
The U.S. Energy Information Administration increased its West Texas Intermediate crude price forecast for 2013, predicting new pipeline and rail capacity will narrow WTI’s discount to Brent 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 Dominick Chirichella |
July 18, 2012
Oil is getting toppy at current levels once again as most market participants continue to focus on the major headwind in the market...the slowing global economy.
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By Phil Flynn |
October 28, 2010
Daily fundamental energy outlook from Phil Flynn
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By Phil Flynn |
October 14, 2010
The Federal Reserve's policy on quantitative easing has driven crude oil prices.
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By Dominick A. Chirichella |
October 6, 2010
Analysis of the Energy Information Adminstration' weekly inventory report
