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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 Maria Kolesnikova, Bloomberg |
April 2, 2013
At a time when U.S. equities are trading near a record and the dollar is having its best start in three years, commodities will finish this quarter little changed from where they were at the end of 2012.
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By Moming Zhou, Bloomberg |
March 20, 2013
West Texas Intermediate oil rose after a government report showed U.S. inventories unexpectedly declined last week and as European policy makers weighed bailout options for Cyprus.
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By Phil Flynn |
March 14, 2013
In the past when OPEC’s back has been against the wall, like the late-1990s, energy prices and demand rebounded to save them from the ash heap of history. Yet this time may be different. Why? Because OPEC is not the only game in town!
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By Phil Flynn |
March 13, 2013
Oil prices are trying to find their seasonal bottom. A bounce yesterday on strong retail sales and happy talk out of Europe, seemed to give the complex a technical bounce.
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By Lananh Nguyen, Bloomberg |
March 12, 2013
OPEC boosted its crude production to the highest in three months in February led by increased output from Saudi Arabia and Iraq.
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By Dominick Chirichella |
March 6, 2013
The relatively balanced global fundamental situation has been keeping oil prices under control as the market has been in a short term downward trading channel since breaking through key technical support levels in the middle of February.
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By Inyoung Hwang, Sarah Pringle and Moming Zhou, Bloomberg |
March 4, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average within 40 points of a record, amid optimism the Federal Reserve will continue to provide monetary stimulus.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By Phil Flynn |
February 5, 2013
The Brent vs. West Texas Intermediate spread favored Brent by the biggest margin since December as the saga of reduced pipeline runs through the Seaway will back up oil in Cushing Oklahoma once again.
