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By Phil Flynn |
May 6, 2013
A better than expected Jobs report and Israel attacking Syria's military and weapons instillation has shocked oil out of it recent bearishness. Oil is on a tear and is bringing the products along with it.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Phil Flynn |
April 22, 2013
The natural gas market has been the best performing commodity of the year. We called a major low in January and we are continuing to ride and roll over that position.
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By Anthony Lazzara |
April 17, 2013
A disappointing earnings report from Bank of America is a main catalyst for the U.S. stock market sell off today.
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By Anthony Lazzara |
April 11, 2013
The New Zealand dollar has been in an interesting bullish run recently, likely the direct effect of investors selling yen and buying other foreign currencies, such as the NZD.
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By Phil Flynn |
April 11, 2013
While gasoline production fell back a bit from its seasonally high rate, imports to the East and West Coast helped create a big surge in gasoline supply.
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By Phil Flynn |
April 9, 2013
The substitution of natural gas for oil and increasing fuel economy means that oil demand is reaching a tipping point and that "The end is Nigh” for global oil demand growth.
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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 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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By Phil Flynn |
March 21, 2013
Oil reacted to a bullish weekly Energy Information Administration report right after the Fed seemed to get out of the way.