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By Michelle Jamrisko, Bloomberg |
February 5, 2013
Service industries in the U.S. expanded in January at about the same pace as the prior month, showing the biggest part of the economy is holding up in the face of federal government budget battles.
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By Stephen Kirkland and Michael P. Regan, Bloomberg |
January 9, 2013
Stocks rose, snapping a two-day slide, amid optimism that U.S. corporate earnings will extend a third straight year of growth. The yen weakened on speculation the Bank of Japan will expand stimulus.
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By Barbara Powell, Bloomberg |
November 20, 2012
Gasoline fell as Hess Corp. returned its New Jersey refinery to full production and as crude declined on optimism that Israel and members of the Islamist Hamas movement will agree to a cease-fire.
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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 |
September 21, 2012
Oil prices are making a rebound after what was close to, but not quite, a $10 correction. Oil has fallen close to 7% since last Friday.
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By Phil Flynn |
September 19, 2012
Did you hear about the coal wars? Well they are running hot and heavy and up until recently, the long dominant cheap fuel coal had suddenly begun to lose its low price dominance to the up and coming cheap fuel, natural gas.
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By Phil Flynn |
September 6, 2012
As of yesterday the Bureau of Safety and Environmental Enforcement said that from operator reports, it is estimated that approximately 49.33% of the current daily oil production in the Gulf of Mexico has been shut-in.
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By Phil Flynn |
August 22, 2012
The commodity markets are bullish again and let me count the ways. Many of the old time commodity markets are breaking out and for a host of different reasons
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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.
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By Rita Nazareth, Bloomberg |
August 1, 2012
U.S. stocks fell, reversing earlier gains, as the Federal Reserve’s pledge to provide additional support for the economy disappointed investors anticipating a more definitive sign of further monetary easing.