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By Phil Flynn |
May 24, 2013
Can you taper up? Oil Prices rebounded after a big fall in part because of a misunderstanding. Apparently you can taper up as well as taper down in what I guess you can call the tale of the taper.
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By Asjylyn Loder, Bloomberg |
April 2, 2013
China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today.
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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 Phil Flynn |
February 25, 2013
Natural gas is popping and readers of The Energy Report know that long-term I think we have hit a major bottom, and it looks like I am not alone.
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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 |
January 10, 2013
While the weather in China is very cold, it appears their economy is starting to get red hot. China’s export growth exploded, rising 14% in the month of December. Because of that petroleum demand, expectations are rising.
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By Phil Flynn |
January 9, 2013
Sometimes statistics lie and liars use statistics, yet when it comes to the shale gas revolution the numbers are saying that the energy world has changed forever.
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By Austin Kiddle |
December 12, 2012
The expected expansion in the Fed's balance sheet and an expected rise in inflation will support gold price. What if the Fed disappoints?
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By Phil Flynn |
November 30, 2012
It seems that U.S. imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross U.S. imports.
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By Lananh Nguyen, Bloomberg |
November 12, 2012
U.S. oil output is poised to surpass Saudi Arabia’s in the next decade, making the world’s biggest fuel consumer almost self-reliant and putting it on track to become a net exporter, the International Energy Agency said.
