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By Phil Flynn |
November 21, 2012
We all have a lot to be thankful for, especially if you are a commodity news junkie. It seems we have had a cornucopia of news and it just keeps giving.
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By Ayesha Daya, Bloomberg |
November 13, 2012
The International Energy Agency lowered its world oil-demand forecast for this quarter for a second time, citing weakness in Europe’s economy and disruption to U.S. fuel delivery and travel by Hurricane Sandy.
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By Phil Flynn |
October 29, 2012
As the East Coast and the largest city in the United States, New York, gets ready for Franken-storm, the energy markets will price in the risk and the balance between lost supply and the destruction of demand.
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By Dominick A. Chirichella |
October 10, 2012
Oil made a strong recovery on Tuesday on a combination of short covering and ongoing concern over the evolving geopolitical situation in the Middle East
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By Phil Flynn |
September 25, 2012
Despite the Iranian risk bounce, oil seems more fixated with Europe. Oil seemed unmoved by an ok but not great Spanish auction.
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By Moming Zhou, Bloomberg |
September 14, 2012
The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a 14-year low because of the increase in onshore shale production.
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By Dominick Chirichella |
September 12, 2012
Prices are almost solely being driven in the short term by a combination of last week's outcome of the ECB meeting and the growing view that more stimulus from both China and the US is on the way.
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By Phil Flynn |
August 6, 2012
It was a weekend of horror for drivers in the Midwest if they dared to pull up to the gas pump. A series of events conspired to create a historic gas price spike and ultimately a gas shock pop.
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By Phil Flynn |
August 2, 2012
The Energy Information Administration reported the biggest increase in US crude oil and natural gas reserves in history.
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By Phil Flynn |
July 23, 2012
The Spanish 10-year yields hit a Eurozone record high as Spain’s regions look to the government for a bail-out and the contraction is putting deflationary pressure on oil futures.