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By Barani Krishnan, Reuters. Oil prices steadied on Friday from early losses, with traders citing potentially more bullish investor positioning for the second half of the year and after a weaker dollar that boosted most commodities. The market also recovered after sliding briefly on Baker Hughes’s data showing the fourth weekly rise in five for […]

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Houston (Platts) The NYMEX August natural gas prompt-month contract jumped 6.1 cents to settle at $2.924/MMBtu, its highest close since August 12, 2015, on bullish weather reports and a below-average injection reported by the US Energy Information Administration. The August contract traded in range of $2.851/MMBtu to $2.945/MMBtu. According to the EIA’s weekly gas storage […]

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Myra P. Saefong & Dan Strumpf, MarketWatch WTI crude’s ready to log the biggest quarterly gain since mid-2009 Oil futures pulled back on Thursday, a day after posting their biggest single-session gain since April, but prices are still poised to log their strongest quarterly gain since mid-2009. Output disruptions in Canada due to wildfires in […]

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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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