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By Mark Shenk, Bloomberg |
May 7, 2013
The U.S. Energy Information Administration reduced its crude-oil price forecast for 2013 because of falling futures and increasing production outside of the Organization of Petroleum Exporting Countries.
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By Dominick Chirichella |
February 13, 2013
The EIA and OPEC both increased their projection for global oil demand growth versus last month's reports with the IEA surprising the market by decreasing their forecast vs. last month.
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By Philip Burgert |
February 1, 2013
Although the supply outlook is increasingly positive, global demand questions remain for oil, natural gas and other energy products.
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By Dominick Chirichella |
January 16, 2013
In spite of market participants focusing more of their attention on the perception of what global oil demand might be down the road, the nearby fundamentals remains mostly biased to the bearish side.
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By Dominick Chirichella |
December 12, 2012
With geopolitics less of an issue or price driver than it was the last few weeks the main oil price drivers are likely to be any and all macroeconomic data on the global economy with oil fundamentals equally important.
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By Canaccord Genuity Morning Coffee |
September 14, 2012
With the global central banks engaged in historic accommodative monetary policy, it appears the worst-case scenarios that have been bantered about remain unlikely for the time being.
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By Dominick Chirichella |
September 12, 2012
Prices are almost solely being driven in the short term by a combination of last week's outcome of the ECB meeting and the growing view that more stimulus from both China and the US is on the way.
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By Dominick A. Chirichella |
June 13, 2012
Event risk will take over as the main price driver for all of the risk asset markets, including the oil complex, as the macro correlations remain very tightly linked.
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By Jon Nadler |
May 23, 2012
The yellow metal thus fell by 2% to an intra-day low of $1,560.60 on the bid-side as the US dollar picked up some serious safe-haven-flight flavored steam and gained more than eight-tenths of a percent.
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By Dominick A. Chirichella |
May 23, 2012
The tensions between Iran and the West have been easing as another meeting will take place tomorrow. As such, expect more market participants to pay attention to this week's round of oil inventory data and thus impact price direction.
