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By Phil Flynn |
December 19, 2012
Oil prices started to round off at the lower end of the trading range and started to make a decisive move higher just as Crude option volatility hits a low for the year.
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By Phil Flynn |
December 14, 2012
'Tis the season for natural gas withdrawals. While Frosty is melting away with warm winter temperatures, natural gas supplies are rising.
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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 Phil Flynn |
November 20, 2012
Cease fire hopes rise along with the oil market. Secretary of State Hillary Clinton makes her way to the Middle East to broker what more than likely will be a cease-fire between Israel and Hamas.
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By Phil Flynn |
November 5, 2012
Despite the gas line in New Jersey the market tanked on the reality of demand destruction. Oh sure, the better than expected jobs number also led to a major break as the risk-off trade came into play.
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By Phil Flynn |
October 31, 2012
Enough with the refineries already! All the talk about the storm is about East Coast refineries when it should be about the destruction of demand.
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By Phil Flynn |
October 9, 2012
Stimulus from China vs. concerns about Europe is creating a tug-o-war across the commodity complex. WTI oil prices also seem to be losing their relationship to the Brent crude as Middle East tensions are heating up.
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By Phil Flynn |
August 10, 2012
Is it any wonder that even the IEA lowed its global oil demand forecast for 2012 and 2013 by 300,000 to 400,000 barrels a day? The IEA says 2013 oil demand growth at 0.8 million barrels a day down from 1 million barrels a day.
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By Phil Flynn |
August 3, 2012
Natural gas has been riding the thermometer and after a larger than expected injection and some forecasts that the heat wave is going to end, the focus came back to the fact that supply is 17.2% above the five year average.
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By Phil Flynn |
July 25, 2012
Today there is talking of the chance the Federal Reserve may step up to the plate with some of that Fed magic to try to pump or print a little ray of sunshine into a dreary market day.