Currently viewing the tag: "Phil Flynn"

NEW YORK, Oct 1 (Reuters) – Oil prices fell toward $94 a barrel on Wednesday, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continued to weigh. Brent and U.S. crude found early support from a U.S. government report showing a surprise drop in U.S. crude stockpiles [...]

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(Kitco News) – A Friday economic report is expected to show that the U.S. labor market picked up again last month, but that doesn’t necessarily mean the U.S. dollar will surge and pressure gold in the process…unless the payrolls growth is way above expectations, analysts said. Conventional wisdom is that strong labor data bolster the [...]

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There are 101 reasons why oil has fallen as hard as it has, hitting a 2 year low. The main reason in the back of it all is U.S. oil production. Yet after a substantial drop out of the normal expected daily trading range my phone rang off the hook wondering why oil has fallen [...]

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Holes continue to be poked in the U.S. oil export ban as an abundance of U.S. oil makes it more likely that oil will go elsewhere. Genscape Vesseltracker reported that Alaskan crude oil has been exported outside of the United States since 2004. This is another step in lifting the 1970’s oil ban that already [...]

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Arctic Windfall. The Energy Report 9/29/14

On September 29, 2014 - 7:52 AM By

Russia’s Rosneft in partnership with Exxon-Mobil corp. announced a massive discovery of a well that may contain close to a billion barrels of oil in Arctic! The find could rival the amount of oil in the Gulf of Mexico and already Russia is using this find to try to convince the US to lift sanctions [...]

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  Cocoa and Ebola with Jack Scoville [PRICE Links Video Series] Recorded on: 9/26/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the PRICE Links Videos The PRICE Links Video Series gives you access to the minds of the industry’s top [...]

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Gas U-TURN. Energy Report 9/26/14

On September 26, 2014 - 8:31 AM By

The New Era in Low Gas Prices has taken another slight U turn. Just as gas prices were plummeting across the nation refinery problems and a squeeze play may show the march to below $3.00 a gallon across parts of the nation. While the big picture on gas prices is still bearish in the short [...]

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By Dan Murtaugh and Moming Zhou | BloombergBusinessweek Refinery breakdowns have pushed wholesale gasoline in the Gulf Coast to the highest level since July, halting a drop in pump prices across the U.S. Gasoline in the Gulf, home to more than half of U.S. refining capacity, has jumped 20 cents a gallon in the past [...]

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Knoxville, Tennessee (Platts)–24Sep2014/453 pm EDT/2053 GMT NYMEX October natural gas futures settled 9.5 cents higher at $3.911/MMBtu Wednesday, with analysts pointing to a technical rally spurred on by the possibility of another harsh winter.The prompt month was trading mostly flat through the morning on low volumes until the noon update of a popular weather model [...]

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While the world starts to understand that behind the evil behind ISIS there is also another element to it, greed. US airstrikes hit mobile oil refineries in Syria that was help fund the terrorist group. Ideology is always best suited when it is being funded with oil and to strike at these mobile units is [...]

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  A very Special Talk with the Vice President  Obaid Khalifa Al Khaiili Of Abu Dhabi  and OMAR Sheikh the CEO of New York  Synthetics [PRICE Links Video Series] Recorded on: 9/18/2014 Learn More about the Rogers International Commodity Index® (RICI®) You can reach Phil Flynn at (888) 264-5665 or pflynn@pricegroup.com View All of the [...]

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By Moming Zhou | Bloomberg Brent crude fell for a third day on concern slower economic growth in Europe will reduce demand. West Texas Intermediate slid on estimates U.S. crude inventories increased. German business confidence fell more than analysts forecast in September, the Ifo institute’s business climate index showed. The Energy Information Administration may say [...]

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