-
By Phil Flynn |
March 14, 2013
In the past when OPEC’s back has been against the wall, like the late-1990s, energy prices and demand rebounded to save them from the ash heap of history. Yet this time may be different. Why? Because OPEC is not the only game in town!
-
By Phil Flynn |
March 6, 2013
When you think of Hugo Chavez, you really have to think of the price of oil because oil put him in power and kept him there. Chavez was swept into power because, among other reasons, the low cost of oil.
-
By Anthony Lazzara |
September 19, 2012
We note that crude oil has broken a key multi-month supportive trendline and is now approaching the next major chart support at $88. This is an important price level in our view.
-
By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
-
By Matthew Brown, Bloomberg |
August 28, 2012
Barclays Plc spent a decade assembling a team of the most successful gas and power traders in Europe. It took less than 16 months to lose most of them.
-
By Brian K. Sullivan, Bloomberg |
May 16, 2012
Oil fell to the lowest level in more than six months as U.S. supplies grew to the most since 1990 and talks to form a coalition government in Greece collapsed.
-
By Barbara Powell, Bloomberg |
May 16, 2012
Gasoline fell after the Kyodo News service reported that the U.S. called for a release of strategic oil reserves amid rising U.S. crude supplies and concern the European debt crisis will reduce fuel demand.
-
By Ayesha Daya and Gregory Viscusi, Bloomberg |
March 29, 2012
France said governments are moving closer to an agreement on a release of oil from emergency stockpiles to stem gains in crude that have driven prices to the highest levels in three years.
-
By Phil Flynn |
March 29, 2012
Gas prices in the UK are approaching $10.00 a gallon. Britain's economy shrank a revised 0.3% in the final three months of 2011, worse than the 0.2% drop previously estimated.
-
By Jon Nadler |
March 28, 2012
President of the Bombay Bullion Association has projected that 2012’s Indian gold imports could fall to 450 metric tonnes, down 53% compared to the putative 969 metric tonnes that may have been imported last year.
