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By Phil Flynn |
May 9, 2013
The WTI/Brent oil spread fell below $8 for the first time in two years as the U.S. is reestablishing itself not only as a major oil consumer but also as major world oil producer.
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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 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 Phil Flynn |
January 18, 2013
The threat to their energy facilities is sending shivers across Europe as Algeria is the number three supplier of gas to Europe and a supplier of high quality sweet crude oil.
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By Mark Shenk and Moming Zhou, Bloomberg |
October 26, 2012
Oil pared a second weekly loss, rising with gasoline and heating oil on concern that Hurricane Sandy will disrupt East Coast refinery production and as the U.S. economy showed signs of growth.
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By Phil Flynn |
July 31, 2012
The slowing global economy and deflationary fears took a toll on oil prices and actually improved demand. According to the Energy Information Administration demand for oil increased in May.
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By Rob Sheridan, Bloomberg |
July 18, 2012
The largest oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf are poised to slump to a 17-month low as a slowdown in the world’s second-largest economy curbs oil demand.
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By Bloomberg News |
April 9, 2012
China’s inflation accelerated more than forecast in March on a pickup in food prices, signaling that policy makers may exercise caution in adding stimulus to boost growth.
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By Rob Sheridan, Bloomberg |
March 16, 2012
Saudi Arabia, the world’s biggest oil exporter, is booking the most tankers in years to supply the U.S., a sign the kingdom is fulfilling a pledge to compensate for a decline in Iranian sales, according to Dahlman Rose & Co.
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By Phil Flynn |
July 13, 2011
Daily energy fundamentals from Phil Flynn
