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By Phil Flynn |
April 19, 2013
OPEC is showing more concern about the rapid drop in oil prices. While a call from the hawks for a meeting is not unusual, it seems that OPEC special meeting or not will more than likely reign in production unless prices rebound dramatically.
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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 Daniel Cancel and Charlie Devereux, Bloomberg |
August 28, 2012
Venezuelan authorities will turn their attention to resuming production at the country’s biggest refinery after putting out fires at fuel storage tanks.
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By Daniel Cancel, Bloomberg |
August 27, 2012
A blaze at Venezuela’s largest refinery spread to a third storage tank as firefighters try to contain flames burning since an Aug. 25 gas explosion killed at least 48 people.
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By Ayesha Daya and Fred Pals, Bloomberg |
June 14, 2012
OPEC will probably maintain its production ceiling as concern that global growth is shrinking outweighs calls for supply cuts to stem sliding crude prices, six of the group’s 12 oil ministers said.
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By Phil Flynn |
December 14, 2011
Daily energy fundamentals from Phil Flynn
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By Phil Flynn |
July 19, 2011
Daily fundamental energy report