Posts by: Phil Flynn

Winter worries may start early as supply of distillate and natural gas are the tightest they have been in years with winter ahead. While in […]

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[Brian K. Sullivan, Bloomberg] The mammoth typhoon that drenched Japan could help a swath of the U.S. finally cool down more than a month after […]

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The bullish fundamentals on oil are becoming more apparent as both Saudi Arabia and Russian are signaling that they are committed to reducing the global […]

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Oil Ranges Higher Tuesday

On October 25, 2017 - 6:56 AM By

[George Orwell, DTN] New York Mercantile Exchange spot-month oil futures ranged higher Tuesday afternoon, with West Texas Intermediate crude settling at a six-month high above […]

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[Carl Surran, Seeking Alpha] U.S. crude oil settles +1.1% at $52.47/bbl, the highest finish since April 17, and Brent +1.7% to $58.33/bbl after Saudi oil minister Khalid al-Falih said his […]

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U.S. oil benchmark settles at a 6-month high

On October 24, 2017 - 4:31 PM By

[Myra P. Saefong, MarketWatch] Saudi comments, global supply risks boost WTI for a third session. Oil climbed Tuesday, as Saudi Arabia reiterated a pledge to […]

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[JJ KINAHAN, CHIEF MARKET STRATEGIST, TD Ameritrade] The stock market appeared to move solidly to the upside in early trading today after a handful of […]

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[Daniel J. Graeber, UPI] Shale oil producer might not be up to the task of countering OPEC production cuts, a Chicago-based market analyst says. Bullish […]

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Saudi Arabia said they will do whatever it takes to balance the oil market, again. Yet this time the market, unlike the last time, believes […]

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Another big drop in U.S. rig counts and warnings from major oil service firms is making it clear that the Shale oil slowdown that I […]

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