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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 |
August 16, 2012
With all of the issues challenging energy production, imports and production, not to mention seasonal patterns, the weekly net changes make a lot more sense. Still there were some surprises.
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By Phil Flynn |
August 7, 2012
Oil prices are getting support from weather woes, refinery fires, pipeline sabotage and weak global economic situations that are raising hopes of more global economic stimulus.
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By Phil Flynn |
August 6, 2012
It was a weekend of horror for drivers in the Midwest if they dared to pull up to the gas pump. A series of events conspired to create a historic gas price spike and ultimately a gas shock pop.
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By Phil Flynn |
August 1, 2012
The oil market sold off on better than expected economic data in the US making it less likely that the Fed will move at this meeting.
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By Phil Flynn |
June 20, 2012
While markets twist in the wind ahead of the Fed announcement, we see they are at the very least pricing in another extension of “Operation Twist.” The Fed can make and break many a market today.
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By Phil Flynn |
April 17, 2012
Things may be tough in the global economy but not so much for OPEC. According to the Energy Information Agency OPEC profits hit a record high.
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By Gary Kamen |
November 21, 2011
Market Pulse for Nov 21, 2011
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By Phil Flynn |
November 11, 2011
Daily energy fundamentals from Phil Flynn