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By Phil Flynn |
February 26, 2013
The reverse in the euro caused a reversal in oil and to be honest, it was due for a sell off. The technical picture is playing out as we expected with the bottom in December to the top near $97 and now a target of $91.
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By Phil Flynn |
February 7, 2013
Oil futures were falling hard as fears of a growing oil glut grew. Then magically, after a small drawdown in Cushing, Oklahoma, traders started to ask glut...what glut?
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By Kasia Klimasinska, Bloomberg |
August 28, 2012
Rising gasoline prices and production cuts tied to a tropical storm churning through the Gulf of Mexico have some energy analysts predicting the U.S. will announce a release from its Strategic Petroleum Reserve.
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By Phil Flynn |
June 27, 2012
The high price that you paid this summer for gas may end up being the highest price you will perhaps ever pay.
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By Claudia Carpenter and Lananh Nguyen, Bloomberg |
May 4, 2012
Roger Jones resigned as global head of commodities at Barclays Capital and will join Mercuria Energy Trading SA.
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By Rich Nelson |
March 28, 2012
Intermediate-term fundamental analysis of the hog and cattle markets suggests prices may recover over time -- with conditions.