Posts by: Phil Flynn

Loopty Loo. The Energy Report 02/16/18

On February 16, 2018 - 7:47 AM By

Here we go Loopty Loo. Here we go loopty li. Here we go loopty loo. All on a Saturday night. Oil prices are getting loopy as a historic turnaround for the LOOP, otherwise known as the “The Louisiana Offshore Oil Port” the major U.S. oil import terminal is getting looped around for now exporting oil. […]

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All In. The Energy Report 02/15/18

On February 15, 2018 - 7:50 AM By

Despite the recent correction in crude oil, the Saudis say they are all in when it comes to cutting production. Despite the recent stock-market inspired shake out and the surge in shale oil output, the truth is that the global oil market is going through its most significant tightening cycle in over a decade. The […]

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Oil prices are under pressure after the American Petroleum Institute (API) reported a 3.947-million-barrel increase in crude supply, not unexpected because it is after all shoulder season. Yet, a 2.319 million barrel drop in Cushing Oklahoma oil supply should give the bears some pause. The continued draws in the NYMEX delivery point at some point […]

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Oil Hedge funds continue to run for the exits and is in part responsible with yesterday’s late day swoon. Yet, despite market turmoil the supply versus demand fundamentals for oil continue to be very bullish. Even the International Energy Agency (IEA), that hates to say anything bullish about oil, is acknowledging that despite their prior […]

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Cooler Heads. The Energy Report 02/12/18

On February 12, 2018 - 7:15 AM By

Oil prices are soaring back after getting smashed on last week’s stock market correction. Of course, all the selling in stocks and oil are not about what is happening now but what may or may not happen in the future. The economy and economic data has been too hot! That means we may see higher […]

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[Eric Thomas, The Talking Democrat] Oil quoted in London and New York saw its biggest weekly fall in two years on Friday, the volatility on Wall Street and a US production at historical levels having broken the bullish momentum in the past five months. A barrel of light sweet crude (WTI) for March delivery, the […]

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Many are saying that the reason that U.S. oil is falling is the projections for rising U.S. production. Predictions, by the IEA and the EIA about a surge in oil, suggests that U.S. oil production, that supposedly stands above 10 million barrels a day, will soon exceed 11 million barrels a day. Yet, the truth […]

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Oil prices fed into the fears of stock market volatility and now suddenly fears a U.S. production increase. The Dollar is on the rise and oil is on the downside even as we are still heading towards a significant tightening of global oil supply. Fears that this stock market correction could lead to a more […]

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[TodayOnline] Oil fell for a third day on Tuesday as the U.S. dollar rose to its highest in more than a week in the wake of a sharp sell-off early this week on Wall Street and other stock markets. The crude market remains in positive territory for the year however, even after Wall Street stocks […]

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Oil Tumbles on EIA’s US Supply Outlook

On February 7, 2018 - 8:01 AM By

[George Orwell, DTN]  New York Mercantile Exchange spot-month oil futures ended lower for the third straight day Tuesday. This was due to concern over an outlook calling for higher U.S. crude oil supply and production, with investors also keeping a close eye on volatile equities trading and a stronger U.S. dollar. “Crude prices were weak […]

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Oil prices are shaking off the stock market turmoil and now focusing on a surprise drop in weekly supply, as reported by the American Petroleum Institute (API). Yet, with the rebound in stocks and a reduction in fear and turmoil, why wasn’t oil higher? Well perhaps because of a report from the Energy Information Administration […]

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Fear Takes A Holiday! [PRICE Links Video]

On February 6, 2018 - 12:10 PM By

A visit with Modern Trader’s Dan Collins. Phil Flynn talks with Dan Collins of Modern Trader magazine to get his thoughts and insights on the market one day after the historic one-day point drop. Futures and options trading involves substantial risk of loss and may not be suitable for everyone.
The opinions represented in […]

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