Currently viewing the tag: "The Energy Report"

Oil price were trading like the damage is done. In other words the Greek crisis charade has already done damage to the European economy and the oil demand outlook. While Greek Prime minister Alexis Tsipras decides to go down in flames calling for a no vote and bring Greece down with him the market outlook [...]

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After Greece became the first developed nation to miss a payment to the International Monetary Fund, it seems that after 24 hours of economic collapse Greece now says it is now ready to accept the bailout conditions it previously rejected. Though it may be too late as the total recklessness and arrogance of Greek Prime [...]

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While the moment of truth for a Greek default is just hours away Greek Prime Minister Alexis Tsipras says that the European Union wouldn’t dare allow a Greek Exit from the Eurozone. It seems Mr. Tsipras has lost touch with reality and one Greek newspaper is calling for his removal from office. Yet it is [...]

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Oil prices get hit hard after Greece fails to reach a deal with creditors and called for a referendum. It seems that Greek Prime minister Alexi Tsipras did not have the courage to make a deal and instead opted for turmoil.  Greece, in the aftermath of the decision, shut its banks and imposed capital controls [...]

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Everybody’s working on the weekend, everybody in finance, maybe Greece goes off the deep end. Will the EU give Greece a second chance? They are far apart, they better start from the start. If Greece wants in the show. They better let it go! Everybody will be working on the weekend as European finance ministers will [...]

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Rumours. The Energy Report 6/24/15

On June 24, 2015 - 7:17 AM By

After getting thwarted by the dollar, oil futures came roaring back on a mix of demand expectations and a slew of rumors. Traders had me tracking down rumors like an early release of the American Petroleum Institute supply report and talk that the Energy Information Administration was going to revise downward their crude oil inventories [...]

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PRICE Links Video Series Tomorrow’s Oil from Yesterday’s Wells Senior Analyst Phil Flynn discusses resurrecting old oil wells to bring them back to production life using AERO(TM) Technology with Michael Pavia, PhD of Glori Energy (GloriEnergy.com). [PRICE Links Video] Recorded 6/23/2015 Past performance is not indicative of futures results. Futures and options trading involves substantial [...]

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Oil prices are torn after stronger than expected manufacturing data and Greek optimism may lower the expectations for more economic stimulus but increase the outlook for demand. The preliminary HSBC China Manufacturing PMI, while for June stayed below 50, a level that indicates contraction the number showed improvement and beat expectations coming in at 49.6 [...]

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Has Greece come to its senses? It seems like Greece is finally going to give in a little to pave the way for a possible Greek debt deal with its creditors. Greek Prime Minister Alexis Tsipras made an offer that he says will be a proposal for a mutually beneficial agreement that will give a [...]

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Make My Day! The Energy Report 6/19/15

On June 19, 2015 - 7:28 AM By

Saudi Oil Minister Ali al-Naimi is doubling down on his war against the U.S. shale producer by promising to raise production if demand rises. I say Ali, make my day. You see if the Saudis raise production their capacity will be tapped out, and if they lower production more this uptick in demand may turn [...]

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Oil Prices shook off a disappointing gasoline demand number as Fed Chair Janet Yellen came to the rescue. Oil prices that been held back by Greece default concerns  are now being assured by the Fed that they are montoring international developments and will take that into consideration when raising interest rates. In other words, if [...]

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Oil Prices are stronger after bullish data from the American Petroleum Institute and some support from tropical storm Bill. Still the biggest event for oil today may be the Fed meeting and any developments out of Greece. Oil has been captivated with the Greece crisis. Greek Prime Minister Alexis Tsipras claims that the IMF using tactics [...]

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