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By Phil Flynn |
November 19, 2012
The oil markets are rallying on the possibility of a deal regarding the fiscal cliff and the possibility of no deal between Israel and Hamas.
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By Phil Flynn |
November 1, 2012
Today the energy complex is going to have to balance an increase in the China Purchasing Managers’ Index number versus the historic energy demand destruction caused by Hurricane Sandy.
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By Anthony Lazzara |
October 24, 2012
Wheat is leading the way up in the grains markets today. This is a fundamentally driven rally as Ukraine’s agriculture minister confirmed the country will ban wheat exports starting Nov. 15.
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By Phil Flynn |
September 26, 2012
Spanish woes, along with rising risks of a conflicting nature, created some wild moves across the commodity complex. WTI crude plunged as Spanish protestors took to the streets.
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By Moming Zhou, Bloomberg |
August 15, 2012
Crude gained for a second day after the U.S. Energy Department said stockpiles fell more than expected last week.
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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.
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By Phil Flynn |
July 18, 2012
Ben Bernanke may not be ready to do QE-3D just yet but after some initial disappointment, oil turned around and rallied anyway. The upward bias for oil seems to be getting more bullish.
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By Dominick Chirichella |
July 11, 2012
EIA lowered their projection for global oil consumption for 2012 and 2013 versus last month's report. It now is projecting a reduction of about 100,000 bpd in 2012 and 400,000 bpd in 2013.
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By Phil Flynn |
May 24, 2012
Talks continue against a backdrop of ever rising oil inventories as supply in the United States hit the highest level since August 1990
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By Dominick Chirichella |
May 9, 2012
From the oil complex perspective a slowing economy will result in slowing in oil demand growth and likely underperform the forecasts, including the latest one by the EIA discussed here.
