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By Phil Flynn |
April 17, 2013
Oil Prices look like they found support around $86.00 as I expected. After the massive sell-off because of the fears of a global slowdown and massive U.S. supply, oil could start rebounding on the more mundane seasonal and refinery factors.
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By Phil Flynn |
March 6, 2013
When you think of Hugo Chavez, you really have to think of the price of oil because oil put him in power and kept him there. Chavez was swept into power because, among other reasons, the low cost of oil.
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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 |
November 30, 2012
It seems that U.S. imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross U.S. imports.
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By Phil Flynn |
November 28, 2012
Traders are rolling the day product expiration and may not get long as it looks like politicians are destined to sink the economy over political ideology.
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By Phil Flynn |
November 15, 2012
Oil prices that have been wafting in a sea of economic uncertainty rocketed yesterday on reports of an Israeli rocket attack that killed a top Hamas military leader.
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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 Julie Johnsson and Naureen S. Malik, Bloomberg |
May 7, 2012
U.S. utilities led by Southern Co. are burning a record amount of natural gas for generating electricity without triggering a forecasted boost to the fuel’s price from near 10-year lows.
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By Phil Flynn |
August 3, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
July 27, 2011
Daily energy fundamentals with Phil Flynn
