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By Moming Zhou, Bloomberg |
September 26, 2012
Oil fell below $90 a barrel as a report showed U.S. stockpiles rose for a third week and on concern the worsening European crisis will reduce demand.
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By Phil Flynn |
September 18, 2012
While oil’s big surprise move was made on light, holiday volume and during the last hour of options expiration, just looking at the charts, it is possible that the move could be a technical game changer.
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By Phil Flynn |
September 12, 2012
Commodity bulls got the bounce they needed as Germany’s Federal Constitutional Court Ok’d the European Central Bank’s bond buying program, with limitations.
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By Phil Flynn |
September 11, 2012
Gas prices still are not really coming down in Chicago or in China. Motiva Enterprises LLC expects to need another week to get the main production units running at its Convent, La. refinery.
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By Elizabeth Campbell, Bloomberg |
September 2, 2012
Speculators increased bets on rising gold prices to the highest since March on mounting speculation that the Federal Reserve will expand its record stimulus.
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By Dominick Chirichella |
August 22, 2012
At the moment there is an ample supply of crude oil in the world but refined product inventories in the United States have been running below the five-year average
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By John L. Caiazzo |
August 12, 2012
Concern over individual European countries, weakening data from China, and a potential return to global recession have reemerged as key market drivers.
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By Phil Flynn |
August 10, 2012
Is it any wonder that even the IEA lowed its global oil demand forecast for 2012 and 2013 by 300,000 to 400,000 barrels a day? The IEA says 2013 oil demand growth at 0.8 million barrels a day down from 1 million barrels a day.
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By Phil Flynn |
August 9, 2012
The stock market and the oil market has been moving on hopes that the Fed, ECB and China are getting ready to ease on down the road and in fact they have been banking on it.
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By Dominick Chirichella |
August 8, 2012
EIA estimates that world liquids consumption will outpace production by 0.9 million bb/d in the third quarter, as world demand reaches its seasonal peak.
