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By Phil Flynn |
May 20, 2013
Natural gas soars as gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices.
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By Phil Flynn |
May 7, 2013
Oil prices swung back and forth like a juiced up yo-yo as it tried to balance rising geo-political risk as well as economic risks.
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By Laura Litvan and Andrew Mayeda, Bloomberg |
May 3, 2013
President Barack Obama is being pressed by opponents of the Keystone XL pipeline to tie any approval to measures that would curb climate change, reflecting mounting pressure on the administration to mitigate the project’s impact if it goes forward.
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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 Mark Shenk and Moming Zhou |
April 25, 2013
West Texas Intermediate crude capped the longest rally in nine months as fewer Americans filed first-time claims for unemployment insurance payments last week and the market breached key technical resistance.
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By Steve Walsh, Bloomberg |
April 18, 2013
The Senate Energy and Natural Resources Committee approved the nomination of Ernest Moniz as secretary of the Energy Department, setting up a confirmation vote by the full Senate.
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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 Bloomberg News |
April 7, 2013
Chinese President Xi Jinping said no country should be allowed to instigate regional chaos.
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By Drew Armstrong |
April 4, 2013
A surge in insurance stocks before the official government announcement on new Medicare rates is shining a spotlight on insider relationships.
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By Phil Flynn |
April 1, 2013
Oil prices are weaker on China's PMI, which rose to a less than expected 50.9 in March. The number failed to inspire petroleum buying but it was a slight improvement over February.