Posts by: Phil Flynn

Demand is rising, and production is falling, but China might be the fly in the oil market ointment. The Energy Information Administration report (EIA)t was […]

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Waffling. The Energy Report 05/28/2020

On May 28, 2020 - 7:13 AM By

The oil price comeback is in jeopardy after it appeared that Russia was waffling on extending oil production cuts past June or maybe they agreed […]

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In many cases, future oil shortages are born in a period of oversupply. The  recent crash in oil prices due to Covid 19 demand destruction, […]

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The crude oil market is having its best month percentage wise in history as we start to unlock the global economy. Oil demand is coming […]

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Once again, the oil market corrects going into a holiday weekend. This time it is Memorial Day before it was Thanksgiving and Christmas, and I […]

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Oil is again defying the skeptics and is in an amazing race with the forces of supply and demand to get into balance. Even as […]

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What happened to the WTI Crude June Swoon? After oil prices crashed on the May WTI contract expiration, the Clearing Firms and Exchanges were all […]

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Just when everyone was getting prepared for oil to go back to zero, the other shale dropped. The coronavirus drop in demand forced what now […]

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Pent up demand, stimulus, and a historic production cutback is unleashing economic optimism and real oil demand. Oil prices are soaring as there are more […]

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On the road again, we just can’t wait to get on the roads again. The life we love is working and playing with our friends. […]

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While Fed Chairman Jerome Powell broke markets yesterday warning about the possibility of a prolonged recession, the oil numbers are telling a different story. Not […]

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Oil producers are finding a way to store some oil and prices are still trying to comeback despite uncertainty about how quickly the U.S. can […]

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