Posts by: Phil Flynn

Moming Zhou | Bloomberg Crude oil rebounded from the lowest level in almost six years on speculation stronger economic growth will spur energy demand. Prices gained as much as 1.4 percent in London and 1 percent in New York. U.S. jobless claims fell to a 15-year low, the Labor Department said. German unemployment slipped for [...]

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Oil prices are trying to balance record supply of oil and dwindling storage space versus what could be the biggest drop in energy capital spending cuts in history. Royal Dutch Shell said they would cut  spending by 15 billion over the next three years and Royal Dutch Shell’s chief Executive, Ben van Beurden, signaled that [...]

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Cease Fire? The Energy Report 1/28/15

On January 28, 2015 - 7:50 AM By

Is OPEC getting ready to declare a cease fire in the oil production wars? OPEC Secretary-General Abdullah al-Badri said that a bottom in oil may be near and high level rumors of meetings between OPEC and Non-OPEC members are creating speculation that there may be some type of agreement in the works to curtail production. [...]

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Here & Now | Boston NPR The Obama Administration today is proposing opening up parts of the Eastern seaboard to offshore drilling, while at the same time proposing a ban on drilling along some parts of Alaska’s Arctic coast. Here & Now’s Jeremy Hobson talks with Phil Flynn, an energy market analyst with Price Futures [...]

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  Ahead Of The FED! With The Average Joe! Todd Horwitz [PRICE Links Video] Recorded 1/27/2015 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the [...]

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By Christine Buurma | Bloomberg Natural gas futures climbed in New York as a winter storm brought frigid weather to the Northeast, boosting heating demand. A “crippling and historic blizzard” will dump snow on central and eastern New England throughout the day and overnight, the National Weather Service in Taunton, Massachusetts, said in an advisory at 8:51 [...]

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Junk In Junk Out. The Energy Report 1/27/15

On January 27, 2015 - 8:17 AM By

Russia gets a downgrade to junk and UK growth misses expectations as the Obama administration once again moves against the U.S. energy revival while continuing to take credit for the oil revolution that he opposes. Still with rig counts plunging and a lot of bad news out of the way, oil is attempted to build [...]

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BY BARANI KRISHNAN AND SAMANTHA SUNNE | Reuters Oil prices were up for a second straight day on Monday ahead of the first major snowstorm expected this year in the U.S. Northeast. Gains were limited, however, by the absence of any market disruption in top oil exporter Saudi Arabia after King Abdullah’s death. An 11-year [...]

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How to trade the historic blizzard

On January 26, 2015 - 2:56 PM By

Evelyn Cheng | CNBC The historic blizzard bearing down on the East Coast will likely be bullish for energy and public utility firms, if the past is any guide. Those energy-related stocks tended to outperform in the five trading days after four inches or more of snow fell within 24 hours in the New York [...]

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By Barani Krishnan and Samantha Sunne | Reuters Oil prices were up for a second straight day on Monday ahead of the first major snowstorm expected this year in the U.S. Northeast. Gains were limited, however, by the absence of any market disruption in top oil exporter Saudi Arabia after King Abdullah’s death. An 11-year [...]

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Growth Warning! The Energy Report 1/26/15

On January 26, 2015 - 7:47 AM By

Commodities across the board are signaling there are major risks to global growth. Whether it is copper hitting a 5 and a half year low or oil or even soft products, grains and meats, it is clear that commodities are sending clear economic warning signs. The results of the Greek election with the anti-austerity party Syriza, [...]

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  Fun with Felix And Fingers! With special guest Mike Potts! [PRICE Links Video] Recorded 1/21/2015 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the [...]

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