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Myra P. Saefong & Sara Sjolin, MarketWatch. Oil futures finished higher for the first time in three sessions on Tuesday, rebounding from a Brexit-fueled selloff that sent crude futures to a seven-week low on concerns of a slowdown in the global economy. The threat of a union strike by Norwegian oil-and-gas workers and weakness in […]

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Oil Open Lower in Early Trade

On June 27, 2016 - 3:28 PM By

George Orwel , DTN Energy Reporter New York Mercantile Exchange oil futures opened lower Monday morning, pressured by a strong U.S. dollar as traders absorbed last week’s historic vote by the United Kingdom to quit the European Union. The U.S. dollar gave up some gains overnight but remained near a three-month high posted on Friday […]

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By Myra P. Saefong & Mark DeCambre, MarketWatch | Oil futures traded sharply lower Monday, erasing earlier gains, as investors worried about global energy demand and shunned assets perceived as risky in the aftermath of the U.K.’s unexpected decision to leave the European Union. Aftershocks of the so-called Brexit decision, or British exit from the […]

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Fox Busines, Mornings with Maria | PRICE Futures Group’s Phil Flynn on the impact of Brexit on the oil market. Watch the latest video at video.foxbusiness.com http://video.foxbusiness.com/v/4996664959001/will-brexit-weigh-on-demand-for-oil/?#sp=show-clips  

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By Benjamin Storrow, Casper Star Tribune| Arch Coal could afford secured financing to cover its reclamation obligations in Wyoming, the company wrote in a recent court filing. The statement represents a reversal for the bankrupt coal company, which has previously maintained it lacked the financial ability to replace $485 million in unsecured reclamation liabilities with […]

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Bloomberg via Financial Review | Oil dropped from the highest close in more than a week as markets awaited US stockpile data, while the UK referendum on European Union membership remained too close to call. Futures slid 1.1 per cent in New York after settling at the highest level since June 9 on Monday. US crude inventories […]

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Oil Ends the Day Higher

On June 20, 2016 - 4:03 PM By

By George Orwel, DTN Energy Report | NEW YORK (DTN) — New York Mercantile Exchange oil futures ended higher Monday afternoon as easing fear over an exit by Britain from the European Union pressed the dollar sharply lower. “The Brexit issue was a big part of the reason we have risk-on trade today because there […]

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Fox Business Video | U.K. vote worries hit stocks Rhino Trading Partners’ Michael Block and Price Futures Group Senior Analyst Phil Flynn on whether investors should continue seeking a safe haven as global tensions worry investors. Watch the latest video at video.foxbusiness.com   http://www.foxbusiness.com/markets/2016/06/16/gold-boosted-bond-yields-drop-on-brexit-vote-fears.html

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By Sumit Roy, ETF.com | Interview: Phil Flynn is senior energy analyst and a futures account executive at Chicago-based The Price Futures Group. He is one of the world’s leading energy market analysts and a daily contributor to Fox Business Network, where he provides market updates and analysis. Flynn recently sat down with ETF.com to […]

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Not A Lonely Bull Anymore!

On June 14, 2016 - 3:48 PM By

[PRICE Links Video] Senior Analyst Phil Flynn visits with Gary Kamen of Trends in Futures. Several months ago Gary was a “Lonely Bull”. Today he’s not so lonely anymore! He and Phil visit again to discuss how and why he was right regarding the bull run we have seen in crude oil and the grain […]

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BY DEVIKA KRISHNA KUMAR AND AMANDA COOPER, Reuters | Oil prices fell for a fourth straight day on Tuesday, swept lower by investor nervousness over Britain’s vote next week on whether to leave the European Union, which overshadowed signs of a return to health for crude markets. Safe-haven German Bund yields DE10YT=RR fell below zero […]

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Oil Prices Decline as Dollar Strengthens

On June 14, 2016 - 10:50 AM By

By NICOLE FRIEDMAN, The Wall Street Journal | Growing possibility the U.K. might leave the European Union has rattled global markets, weighing on riskier assets like commodities. Oil prices fell for a fourth straight session Tuesday as the dollar strengthened and concerns about ample global supplies persisted. U.S. crude for July delivery recently fell 38 […]

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