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By Phil Flynn |
February 11, 2013
Short term natural gas continues to bear the weight of rising supply but long term the market is looking more like a major long term bottom.
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By Phil Flynn |
February 7, 2013
Oil futures were falling hard as fears of a growing oil glut grew. Then magically, after a small drawdown in Cushing, Oklahoma, traders started to ask glut...what glut?
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By Phil Flynn |
February 6, 2013
There were more pipeline and refinery problems leading to the likelihood of more crude oil back-ups and a renewed widening of the Brent/WTI spread.
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By Aaron Ricadela, Bloomberg |
February 5, 2013
Dell Inc., the world’s third-biggest maker of personal computers, is going private in a deal valued at $24.4 billion, undertaking the biggest leveraged buyout since the financial crisis.
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By Mark Shenk, Bloomberg |
February 1, 2013
Oil capped the longest stretch of weekly advances in more than eight years after reports showed that U.S. hiring and manufacturing expanded last month.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Sholom Sanik |
January 30, 2013
Wheat prices have been in a precipitous decline since they brushed close to $10 per bushel highs back in August. Recent reports were mostly bullish.
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By Phil Flynn |
January 28, 2013
While WTI and heating oil look toppy, RBOB on the other-hand looks poised to drive higher. RBOB looks to target more than $3.00 a gallon basis the March future.
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By Phil Flynn |
January 25, 2013
This week the main reason why crude oil moved up and down was the saga surrounding the Seaway pipeline. The reversal of this pipeline was perhaps the most important reversal of liquid since they changed the direction of the Chicago River.
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By Phil Flynn |
January 24, 2013
A Seaway glitch and the house passage of a short term extension of the debt ceiling along with a reduction in the IMF growth forecast, helped oil have its biggest drop of this New Year.
