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By Phil Flynn |
April 8, 2013
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.
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By Phil Flynn |
April 4, 2013
Seasonal RBOB traders beware! The Energy Information Administration rocked the market by reporting a surge in oil supplies and rocking refinery runs. U.S. crude oil stocks climbed by a higher-than-expected 2.7M barrels.
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By Naureen S. Malik, Bloomberg |
February 27, 2013
Natural gas futures slid from a one- month high in New York after forecasts showed milder weather next week, crimping fuel demand.
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By Christine Buurma, Bloomberg |
February 12, 2013
The U.S. raised its forecast for natural gas output in 2013 by 0.3% and lowered its outlook for prices. Marketed gas production will average a record 70.02 billion cubic feet a day this year.
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By Christine Buurma, Bloomberg |
January 2, 2013
Natural gas futures dropped for a second day on forecasts of moderating temperatures that may reduce demand for the power-plant fuel.
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By Christine Buurma, Bloomberg |
December 17, 2012
Natural gas futures climbed in New York for the first time in eight days as revised forecasts showed below-normal temperatures that would spur heating demand.
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By Phil Flynn |
October 17, 2012
There was one thing that the President had right in last night’s Presidential debate. The price of gasoline was low in the beginning of his presidency because the economy was tanking.
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By Naureen S. Malik, Bloomberg |
August 27, 2012
Natural gas fell to a two-month low in New York on speculation that production cuts in the Gulf of Mexico because of Tropical Storm Isaac will do little to ease a supply glut.
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By Phil Flynn |
August 9, 2012
The stock market and the oil market has been moving on hopes that the Fed, ECB and China are getting ready to ease on down the road and in fact they have been banking on it.
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By Phil Flynn |
August 8, 2012
In a weird way it was nice to focus on good old fashion oil fundamentals. Like refinery explosions, hurricane threats, the Energy Information Administration Short Term Energy Outlook and a surprise drop in crude supply.
