-
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.
-
By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
-
By Phil Flynn |
April 9, 2013
The substitution of natural gas for oil and increasing fuel economy means that oil demand is reaching a tipping point and that "The end is Nigh” for global oil demand growth.
-
By Phil Flynn |
April 3, 2013
Why all this interest in the long side of natural gas? Because the hedge funds realize that we are crossing that historic turning point in this market where demand growth expectations will start to outstrip production increases.
-
By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
-
By Phil Flynn |
March 14, 2013
In the past when OPEC’s back has been against the wall, like the late-1990s, energy prices and demand rebounded to save them from the ash heap of history. Yet this time may be different. Why? Because OPEC is not the only game in town!
-
By Julie Johnsson and Naureen S. Malik, Bloomberg |
March 11, 2013
A glut of government-subsidized wind power may help accomplish a goal some environmentalists have sought for decades: kill off U.S. nuclear power plants while reducing reliance on electricity from burning coal.
-
By Michelle Wiese Bockmann, Bloomberg |
February 14, 2013
The U.S. is poised to become a net exporter of liquefied petroleum gases for the first year ever as shale-based energy production jumps, prompting new orders for specialized ships to haul propane and butane.
-
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.
-
By Phil Flynn |
October 18, 2012
Volume in the oil market seems to suggest that the passion for making big trades is somewhat subdued. Yet oil was more focused on what looks almost like a glut of U.S. crude supply.
