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By Dominick Chirichella |
May 8, 2013
Oil fundamentals remain biased to the bearish side as supply is projected to continue to outstrip global demand in the second quarter resulting in global inventories moving into a building pattern.
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By Dominick Chirichella |
January 23, 2013
Barring a major geopolitical event impacting the flow of oil to Europe, I would say that the Brent/WTI spread has likely peaked for the year and will continue in a slowly evolving downtrend throughout the year.
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By Dominick Chirichella |
January 2, 2013
For the next month or so most risk asset markets are likely to be driven by the more normal price drivers, which include the state of the European debt situation, global economic growth and the evolving geopolitical situation in the Middle East.
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By Dominick Chirichella |
December 19, 2012
With geopolitics less of an issue or price driver than it was the last month or so 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 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 Dominick Chirichella |
December 5, 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 a close second.
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By Dominick Chirichella |
November 28, 2012
Now that a deal has been reached to provide the next batch of financial aid to Greece, the market has turned its attention to the U.S. fiscal cliff negotiations.
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By Dominick Chirichella |
November 21, 2012
With geopolitics the main oil price driver and the global economy and oil fundamentals a close second, this week's oil inventory report may not be much of a price catalyst.
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By Dominick Chirichella |
November 14, 2012
With the global economy and oil fundamentals continuing to be the main focus of the trading community, this week's oil inventory report could be a price catalyst if the outcome shows a large deviation from the projections.
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By Dominick A. Chirichella |
October 10, 2012
Oil made a strong recovery on Tuesday on a combination of short covering and ongoing concern over the evolving geopolitical situation in the Middle East
