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By Phil Flynn |
February 27, 2013
With the negative outlook, gold and silver and the bonds got a boost and oil was unmoved as it focused on what seems like an ever increasing supply situation.
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By Phil Flynn |
February 8, 2013
The Brent-WTI spread continued to widen due in part to the growing U.S. oil glut but also because of an increase in the geo-political risk trade. Iran dashed hopes that there might actually be progress with the Iranian nuclear soap opera.
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By Phil Flynn |
February 7, 2013
Oil futures were falling hard as fears of a growing oil glut grew. Then magically, after a small drawdown in Cushing, Oklahoma, traders started to ask glut...what glut?
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By Phil Flynn |
January 25, 2013
This week the main reason why crude oil moved up and down was the saga surrounding the Seaway pipeline. The reversal of this pipeline was perhaps the most important reversal of liquid since they changed the direction of the Chicago River.
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By Phil Flynn |
July 24, 2012
The truth is that China or no China, market forces are working towards finding ways to get North American oil in the global oil markets.
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By Phil Flynn |
April 12, 2012
If the International Energy Agency tells you that the market is well supplied, you had better believe it. The agency that represents 28 consuming countries always wants to error on the side having too much oil as opposed to not enough.
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By Phil Flynn |
March 14, 2012
It seems that pledge is an acknowledgment from the Saudis that the Iran situation exceeds their worries about an oil glut.
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By Phil Flynn |
August 2, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
July 20, 2010
Daily fundamental energy report from Phil Flynn.