Posts by: Phil Flynn

Blue Mooned. The Energy Report 7/31/15

On July 31, 2015 - 7:14 AM By

Every once in a while, say blue moon commodities get killed.  As July ends the month with its second full moon this month the commodities markets end their worst month since 2011. Oil was a big part of that sector crash as it fell from the $60 a barrel handle to the $47 a barrel [...]

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The Federal Reserve takes out its reference to stabilizing oil prices and the Saudis are dropping hints of an oil production cut. This comes as U.S. oil production sputters and inventories falls. We may have just hit a bottom as oil companies quickly react and probably overreact July’s oil price crash. The Federal Reserve, in [...]

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Common Sense! The Energy Report 7/29/15

On July 29, 2015 - 9:08 AM By

While Secretary of State John Kerry defended lifting sanctions on Iran the question came up as if we should lift the sanctions on U.S. oil exporters. Senator Murkowski, of Alaska, brought the issue to the forefront by asking the question that “if we are going to allow Iran to sell their oil on the global [...]

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Oil Prices are still under pressure after a volatile Chinese stock market trade and a big miss by BP. BP reported a loss of 5.8 billion dollars in the second quarter as oil prices plummeted and lost revenue due to maintenance in the Gulf of Mexico and a whopping 432 million dollar write-down due to [...]

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The biggest drop in the Chinese stock market in 8 years is hurting the already battered commodity complex and is having larger ramifications across the energy sector. The Shanghai Composite Index slid 8.5%, its worst daily percentage fall since February 2007. This could add to more cuts in the energy industry as they try to [...]

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While many have been waiting years for the China bubble to burst it seems that maybe that time is here, or at least that is what the commodity markets are telling us. Just when it seemed that Commodities were ready to rebound we saw one of the world’s biggest hedge fund and outspoken China bull [...]

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by CNBC via Reuters Oil turned lower in choppy trading on Thursday after the dollar trimmed early losses and on concerns about ample global supply and demand for petroleum. “The dollar recovered from its lows and there is just a negative mood in commodities and for oil there is the worry that the global economy [...]

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Oil prices fall below $50 a barrel

On July 23, 2015 - 9:09 AM By

by Paul Davidson | USA Today Oil prices tumbled below $50 a barrel Wednesday for the first time since April as bloated U.S. inventories and the prospect of increased Iranian crude shipments fueled concerns about swelling supplies even as demand is waning. “We’ve had a lot of supply,” says Tom Kloza, global head of energy analysis [...]

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Routed. The Energy Report 7/23/15

On July 23, 2015 - 7:12 AM By

Is the commodity rout coming to an end! Maybe not but perhaps a pause. After gold falling for 10 straight sessions the longest stretch of losses since and oil falling below$50 dollars there are early morning signs that perhaps enough is enough. With the Greek Parliament accepting the terms of the EU bailout the Euro [...]

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Oil is still having a hard time finding its footing after the American Petroleum Institute reported a surprise increase in oil inventories and the commodity world as we know it is crumbling all around us. Oil is trying to defend the $50 a barrel area but as we get call on Gold going to under [...]

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Blow Off! With Todd Horowitz!

On July 21, 2015 - 11:11 AM By

PRICE Links Video Series Blow Off! With Todd Horowitz! Senior Analyst Phil Flynn discusses the Fed and other news with Average Joe Todd Horowitz. [PRICE Links Video] Recorded 7/17/2015 Past performance is not indicative of futures results. Futures and options trading involves substantial risk of loss and may not be suitable for everyone. You can [...]

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Gold prices plunged on Monday and if the action continues, Price Futures Group’s Phil Flynn said it could put pressure on other commodities, and the Fed. Watch the latest video at video.foxbusiness.com   http://bit.ly/1IgCJkn

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