Currently viewing the tag: "Phil Flynn"

By Nicole Friedman | Wall Street Journal NEW YORK–Oil futures tumbled Tuesday on concerns that U.S. crude-oil supplies could near or even exceed an all-time high, as domestic oil production keeps rising. Light, sweet crude for May delivery settled down $2.24, or 2.2%, at $102.13 a barrel on the New York Mercantile Exchange, the lowest [...]

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Gasoline greener than biofuels?

On April 23, 2014 - 10:33 AM By

By Mike Emanuel | Published April 22, 2014 | FoxNews.com Biofuels produced from waste products left from harvested corn plants are worse than gasoline in terms of carbon emissions, according to a $500,000 study paid for by the federal government and published in the journal Nature Climate Change. The study said biofuels made with corn [...]

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    Looking Out For The Average Joe! With Todd Horwitz [PRICE Links Video Series] – Recorded on: 4/22/2014 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 [...]

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The Energy Report 4/23/14

On April 23, 2014 - 8:48 AM By

Rising Tide! A rising tide of oil inventory is calming the oil market is a scary world. Word that Ukraine would restart an offensive against pro-Russian militants after the apparent torture and killing of a politician from the loyalist party. West Texas crude fell against Brent crude as inventories in the US hover close to [...]

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By Sabina Zawadzki NEW YORK, April 22 (Reuters) – U.S. crude futures fell on Tuesday as investors anticipated rising production and inventories in the world’s top oil consuming nation and felt less risk stemming from the Ukrainian crisis, increasing the discount of the U.S. benchmark to Brent futures. U.S. crude fell $1.9 percent to $102.45 [...]

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The Energy Report 4/22/14

On April 22, 2014 - 8:27 AM By

Refining Mishaps! Forget all about that supply of high quality shale crude for a moment as refiners have a string of issues that is increasing gasoline prices. This come as the Wall Street Journal is raising concerns about a surge in US gasoline exports. The Wall Street Journal reports that ”drivers in the U.S. are [...]

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By Sabina Zawadzki LONDON, April 21 (Reuters) – Oil strengthened slightly on Monday, with U.S. crude futures supported by positive economic data, but oil prices were still below highs reached on Thursday as traders saw little new to augment their worries over tensions in Ukraine. U.S. crude futures jumped 30 cents a barrel after the [...]

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By Myra P. Saefong and Victor Reklaitis | MarketWatch Crude for May delivery /quotes/zigman/2196845/realtime CLK4 +0.27% tacked on 23 cents, or 0.2%, to $104.53 a barrel on the New York Mercantile Exchange. A close around this level would be the highest since March 3, according to FactSet data tracking the most-active contracts. The May contract [...]

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The Energy Report 4/21/14

On April 21, 2014 - 9:24 AM By

A Big Miss! Nat Gas had a big miss on its storage injection raising fears about US storage levels going into next winter which should start to send chills into the market place. The Energy Information Administration reported that working gas in storage was 850 Bcf as of Friday, April 11, 2014. This was a [...]

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LOS ANGELES, April 17 (Reuters) – Brent crude oil fell on Thursday after the United States, Russia, Ukraine and the European Union joined to call for an end to the violence in Ukraine, taking some risk premium out of the market, while U.S. oil rose on positive economic data. The joint statement from the four [...]

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By Moming Zhou | Apr 17, 2014 | Bloomberg West Texas Intermediate crude rose to trade above $104 for a fifth day as a report showed fewer Americans than forecast filed applications for unemployment benefits last week. Prices climbed as much as 1 percent. Jobless claims reached 304,000, the Labor Department reported, below the 315,000 [...]

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The Energy Report 4/17/14

On April 17, 2014 - 8:41 AM By

Oil Cure! A surge in US oil supply brought a sense of calm to the oil risk premium but based upon spreads the market is still worried about Ukraine. High level talks are taking place in Geneva to try to find a peaceful resolution to the crisis. While Russian President Vladimir Putin speaks with inflammatory [...]

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