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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 Moming Zhou and Mark Shenk, Bloomberg |
November 6, 2012
Crude rose the most in a month on forecasts that U.S. gasoline supplies dropped after Hurricane Sandy forced the shutdown of East Coast refineries and as Americans went to the polls to pick a president.
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By Phil Flynn |
November 1, 2012
Today the energy complex is going to have to balance an increase in the China Purchasing Managers’ Index number versus the historic energy demand destruction caused by Hurricane Sandy.
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By Phil Flynn |
October 31, 2012
Enough with the refineries already! All the talk about the storm is about East Coast refineries when it should be about the destruction of demand.
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By Barbara Powell, Bloomberg |
October 30, 2012
Gasoline fell on speculation that demand will decline on the East Coast as Atlantic superstorm Sandy causes widespread flooding and power outages.
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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.
