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By Dominick Chirichella |
July 18, 2012
Oil is getting toppy at current levels once again as most market participants continue to focus on the major headwind in the market...the slowing global economy.
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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 Brian Dolan |
May 19, 2012
While the Eurozone faces possibly its biggest challenge ever, the dollar continues trending higher. But can it continue?
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By Phil Flynn |
May 10, 2012
While oil price fell for a sixth day in a row, gasoline seemed to mount a rally. According to the Department of Energy, gasoline demand improved last week
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By Phil Flynn |
April 25, 2012
As we all know, the Federal Reserve has taken historic actions to try to keep our economy afloat, yet if you think there are not consequences to Fed action, then you are not paying attention.
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By Phil Flynn |
April 19, 2012
Oil price took a hit as oil inventories rose much more than expected and fears of a euro bond flop permeated the marketplace.
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By Phil Flynn |
March 22, 2012
First it was International Monetary Fund Christine Lagarde. Now it's Fed Chairman Ben Bernanke! Come on you prophets of doom; let us enjoy the economic recovery.
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By Dominick A. Chirichella |
February 29, 2012
Oil is being driven by two main catalysts. First, the ongoing geopolitical risk in the Middle East and Africa. Second is the amount of liquidity Central Banks continue to put in the market
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By Phil Flynn |
February 24, 2012
Daily energy fundamentals from Phil Flynn
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By Dominick A. Chirichella |
February 22, 2012
Oil prices are still being driven by the evolving tensions in the Middle East between Iran and the West, and to a much lesser extent based on the direction of the euro and the US dollar