Posts by: Phil Flynn
The timing of Biden’s directing his trade representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports […]
Continue Reading →Get ready to float your oil boat as data from OPEC and floating storage suggests the global oil market tightening. While US crude oil inventory […]
Continue Reading →If you wonder why U.S. consumer confidence is as bad as it is, just look at oil and gasoline. The price of oil is 8.7% […]
Continue Reading →The oldest gas price cliche in the oil industry and media is to say that when gasoline prices go up we feel “pain at the […]
Continue Reading →Oil prices seemed to put in a reversal after rumors surrounding OPEC-Plus cuts and perceived oil and product market gluts seemed to be put to […]
Continue Reading →The oil market was trying to get its hands around the impact of Israel’s military operation in Gaza against a backdrop warning from a Chevron […]
Continue Reading →While some in the marketplace are concerned about weak demand, a move by Saudi Arabia to raise their price for oil seems to suggest that […]
Continue Reading →I was shocked to hear there was gambling going on at Ricks Café and equally shocked to hear that Biden’s price caps on Russian oil […]
Continue Reading →Commodity volatility went crazy as the Federal Reserve signaled, “the lack of further progress on there are inflation target in recent months” shook up a […]
Continue Reading →Oil prices tried to stay strong in the face of the market doing a Federal Reserve freak out. Rumors that the Fed today is going […]
Continue Reading →Oil prices, after dipping yesterday on cease fire talks, reacted to an announcement of the start of an important Canadian oil pipeline and a report […]
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Can’t Get It Together. The Energy Report 05/16/2024
Let’s face it, the OPEC plus cartel the International Energy Agency (IEA) and the Energy Information Administration EIA are basically a hot mess. The growing divergence […]
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