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By Phil Flynn |
October 16, 2012
So Greece is getting cash and Spain is going to ask for help, so sit back and get ready for a bailout bounce. While demand expectations have taken a hit, will it matter if the risk play comes back on?
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By Phil Flynn |
October 11, 2012
What was a “shock” to oil traders was the magnitude of the distillate drawdown in last night's API. We knew that supply was tight in the Midwest as farmers are deep into the harvest — but a drop of 6.2 million barrels?
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By Phil Flynn |
October 9, 2012
Stimulus from China vs. concerns about Europe is creating a tug-o-war across the commodity complex. WTI oil prices also seem to be losing their relationship to the Brent crude as Middle East tensions are heating up.
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By Barbara J Powell, Bloomberg |
October 3, 2012
U.S. gasoline prices at the pump are poised to drop by year end, if history is any guide, as refineries resume production, Europe exports more fuel to the East Coast and Americans drive less.
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By Phil Burgert |
October 1, 2012
With the election almost upon us, traders and analysts weigh in on how its outcome may affect the currently oversupplied energy market as well as any potential geopolitical repercussions, which have been a major factor in recent years.
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By Moming Zhou, Bloomberg |
September 26, 2012
Oil fell below $90 a barrel as a report showed U.S. stockpiles rose for a third week and on concern the worsening European crisis will reduce demand.
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By Moming Zhou, Bloomberg |
September 20, 2012
Oil was little changed as gasoline and heating oil futures climbed while more Americans than forecast applied for unemployment benefits.
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By Phil Flynn |
September 13, 2012
The bar has been raised and now it is up to the Federal Reserve to meet or exceed expectations. Many in the marketplace feel that some form of quantitative easing may be in the market.
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By Michael McFarlin |
June 1, 2012
After topping out around $110 a barrel earlier this year, WTI crude oil has declined steadily, particularly throughout May.
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By Moming Zhou, Bloomberg |
May 22, 2012
U.S. oil inventories climbed for a ninth week, reaching a 21-year high, as growing production bolstered a supply glut in the days before the Seaway pipeline began to move crude to refineries along the Gulf Coast.
