Posts by: Phil Flynn
As I’ve noted before, keep an eye on the diesel crack spread. It remains the central issue—not crude supply alone, but refining capacity for diesel […]
Continue Reading →Now you see it, now you don’t. Oil prices are falling on a huge 17.4 million-barrel weekly surge in U.S. crude supply—the biggest since January […]
Continue Reading →Its been up, down. Oil is trying to get that bullish feeling again, with charts looking short term bullish, but the scale of the crude […]
Continue Reading →Iran wants the United States to pay war reparations as the price for reopening the Strait of Hormuz. President Trump called their bluff and raised […]
Continue Reading →Oil prices are a bit higher this morning, mainly because of disappointment that the Strait of Hormuz is not open yet and because of some […]
Continue Reading →Oil just shrugged off another round of Iranian drama in the Strait of Hormuz and kept climbing. Brent pushed above $84 and settled into the […]
Continue Reading →Chicago Bears legend Gale Sayer once said ‘Give me 18 inches of Daylight. That’s all I need”. Apparently, the oil and diesel crack spreads share […]
Continue Reading →The Wall Street Journal tells us what we already know: Iran is staking everything on controlling the Strait of Hormuz. In other words, they’re holding […]
Continue Reading →We used to say OPEC was the Federal Reserve of oil. That title has been taken away.
President Donald Trump is now, without question, […]
Oil just pulled another classic Trump war whiplash, keeping Iran and the oil traders off kilter and giving Iran a chance to have a post […]
Continue Reading →Oil markets started the session lower but are holding a tight range this morning after President Trump dropped a potential game-changer overnight. On Truth Social […]
Continue Reading →
The Ceasefire That Wasn’t. The Energy Report 08/17/2026
Here’s the big question hanging over the markets today: If a tree falls in the forest… how can a ceasefire expire when one side says […]
Continue Reading →