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By Dominick Chirichella |
May 16, 2012
The fundamentals of oil are becoming more bearish as the inventories continue to build around the globe. The IEA reported last week that OECD inventories are now above the five year average while crude oil inventories in the US are at the highest level going back to the early 90s.
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By Dominick Chirichella |
April 11, 2012
The view that the global economy is slowing and the European sovereign debt issues may be a problem once gain were the primary price drivers for all risk asset classes including the oil complex.
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By Whitney McFerron, Bloomberg |
March 12, 2012
Hedge funds reduced bets on higher commodity prices for the first time in seven weeks after China cut its growth target.
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By Jon Nadler |
March 12, 2012
Monday’s New York spot dealings opened with gold sliding under the pivotal $1,700 mark once again and giving up all of and more than Friday’s hard-fought gains.
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By Dominick A. Chirichella |
January 11, 2012
At the moment oil prices are still being mostly driven by the tensions building in the Middle East between Iran and the West coupled with the direction of the euro and the US dollar
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By Dominick A. Chirichella |
November 2, 2011
Oil remains hostage to the outcome of the European soap opera that has been unfolding so far this week with inventory data a secondary driver
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By Dominick A. Chirichella |
October 26, 2011
For the moment anything not EU related will be playing a secondary role in risk asset price setting including today's EIA oil inventory report as well as any macroeconomic data
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By Dominick A. Chirichella |
October 12, 2011
The IEA released their latest Oil Market Report this morning and for the third month in a row they lowered their forecast for oil demand growth based on a slowing global economy
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By Phil Flynn |
September 30, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
September 15, 2011
Daily energy fundamentals from Phil Flynn