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By Moming Zhou, Bloomberg |
March 12, 2013
West Texas Intermediate advanced, narrowing its discount to Brent crude to the lowest level in more than five weeks, as the euro trimmed losses against the dollar and OPEC increased production.
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By Phil Flynn |
January 25, 2013
This week the main reason why crude oil moved up and down was the saga surrounding the Seaway pipeline. The reversal of this pipeline was perhaps the most important reversal of liquid since they changed the direction of the Chicago River.
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By Mark Shenk, Bloomberg |
January 22, 2013
Oil increased to a four-month high as German investor confidence climbed more than economists expected and a Bloomberg survey showed that international optimism about equities gained.
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By Moming Zhou, Bloomberg |
January 14, 2013
Oil rose to the highest level in almost four months as service began on the expanded Seaway pipeline and heating oil jumped.
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By Phil Flynn |
January 4, 2013
So much for Federal Reserve transparency, it is very clear after the release of the Fed minutes that the Federal Reserve either misled the market after the last Fed meeting or there is something more sinister going on.
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By Phil Flynn |
December 18, 2012
Oil prices are back on the rise as it appears that both sides of the fiscal cliff negotiations are willing to give a little bit.
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By Asjylyn Loder, Anthony Dipaola and Grant Smith, Bloomberg |
December 13, 2012
Whether crude costs $60 a barrel or twice that amount, the U.S. is almost free of depending on imported energy and positioned to supplant Saudi Arabia as the world’s No. 1 producer of oil.
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By Dan Murtaugh, Bloomberg |
September 7, 2012
The U.S. shale boom has driven the cost of Gulf Coast light, sweet oil to its lowest level versus Brent crude in almost a quarter century as the nation’s dependence on foreign supplies wanes.
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By Lananh Nguyen |
August 2, 2012
For the first time, London is overtaking New York as the global hub for trading oil futures.
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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.
