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By Phil Flynn |
May 17, 2013
Against a backdrop of rising supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff to the summer driving season.
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By Phil Flynn |
May 16, 2013
Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weigh on the market outlook.
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By Phil Flynn |
May 14, 2013
Following several years of stronger-than-expected North American supply growth, the shockwaves of rising U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market.
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By Phil Flynn |
May 10, 2013
The President is pushing for natural gas exports. He must have run the numbers and now realizes what a positive impact it will have on his economy.
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By Phil Flynn |
May 7, 2013
Oil prices swung back and forth like a juiced up yo-yo as it tried to balance rising geo-political risk as well as economic risks.
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By Phil Flynn |
May 6, 2013
A better than expected Jobs report and Israel attacking Syria's military and weapons instillation has shocked oil out of it recent bearishness. Oil is on a tear and is bringing the products along with it.
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By Phil Flynn |
May 3, 2013
Oil flies while natural gas dives. Is this evidence of spread trading or is it just a coincidence? On the surface there is no doubt why natural gas tanked.
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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Sofia Horta e Costa |
April 25, 2013
Vodafone Group Plc climbed to a one-week high after a report that Verizon Communications Inc. may offer $100 billion for full control of Verizon Wireless