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By Phil Flynn |
July 6, 2012
Of course, just saying that the dollar rally was the reason the oil market was able to ignore some normally bullish fundamentals really misses the gravity of what these central bank moves mean to the global economy.
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By Dominick A. Chirichella |
June 13, 2012
Event risk will take over as the main price driver for all of the risk asset markets, including the oil complex, as the macro correlations remain very tightly linked.
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By Phil Flynn |
May 25, 2012
I know it was just two weeks ago when I wrote $100 or go bust and last Friday when I wrote $90 or bust, but now I am saying that crude could be ending its slide
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By Phil Flynn |
May 11, 2012
People should stop worrying about the break below $100 a barrel and start worrying about whether $90 a barrel can hold
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By Phil Flynn |
April 20, 2012
In the big picture, there are those that are saying that oil prices have risen in recent months not because of speculation but what we should call “precautionary demand.”
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By Isaac Arnsdorf and Chris Cooper, Bloomberg |
April 19, 2012
Japan’s government may insure tankers carrying Iranian oil, joining China and India in responding to European sanctions blocking private providers.
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By Michael McFarlin |
April 17, 2012
Speculators are back in the political crosshairs. President Barack Obama today asked Congress to spend an additional $52 million to bolster the government’s ability to supervise the oil market.
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By Phil Flynn |
April 16, 2012
Because the talks did not give us a decisive outcome, it will be hard for oil to take out $100 a barrel on the downside, yet it will also be hard to go above $105.
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By Phil Flynn |
April 12, 2012
If the International Energy Agency tells you that the market is well supplied, you had better believe it. The agency that represents 28 consuming countries always wants to error on the side having too much oil as opposed to not enough.
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By Indira A.R. Lakshmanan, Bloomberg |
March 7, 2012
President Barack Obama says there is a “window of opportunity” for diplomacy and sanctions to compel Iran to give up any effort to develop nuclear weapons
