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By Phil Flynn |
May 17, 2013
Against a backdrop of rising supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff to the summer driving season.
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By Joe Carroll and Rebecca Penty, Bloomberg |
April 3, 2013
Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market.
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By Phil Flynn |
March 25, 2013
Natural gas is still flirting with $4.00 as hedge funds are starting to realize that a major bottom may have been formed. According to CFTC data the net long position held by money managers hit a three-year high.
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By Phil Flynn |
March 20, 2013
Oil is up a tad as the EU seems to not to be in a real hurry to pull the plug on Cyprus. The EU did promise to provide liquidity based on the existing rules, which is providing liquidity in the energy markets.
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By Phil Flynn |
January 31, 2013
It was a surprising increase in refinery runs of 1.4% that had some heads scratching especially because of all of the reports of refinery maintenance and turmoil.
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By Phil Flynn |
October 19, 2012
On the 25th anniversary of the 1987 stock-market crash, traders are once again trying to find something to believe in. While oil toils and precious metals falter the heating oil-gasoline spread continues to rock.
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By Phil Flynn |
August 31, 2012
Ben Bernanke and his Jackson Hole speech may overshadow news coming from the aftermath of Hurricane Isaac, yet it is in Russia that America’s new shale gas revolution is shaking things up.
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By Phil Flynn |
August 15, 2012
After shocking drawdowns in supply the previous two weeks without much rhyme or reason, one might have thought that this week would be the week that you would have seen a drawdown.
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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 6, 2012
It was a weekend of horror for drivers in the Midwest if they dared to pull up to the gas pump. A series of events conspired to create a historic gas price spike and ultimately a gas shock pop.
