Posts by: Phil Flynn

47 and Counting. The Energy Report 02/27/2020

On February 27, 2020 - 7:33 AM By

Oil Price traded into the $47 a barrel handle as it reports that the coronavirus hit 47 countries. Coincidence? I think not. The spread of […]

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Oil prices failed to come back as coronavirus fear will not go away. A stark warning from the Centers for Disease Control (CDC) that it’s […]

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Global oil markets are still struggling to find the thin line between horror and reality. Global markets plunged off worries that the coronavirus could turn […]

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TIME TO PANIC. The Energy Report 02/24/2020

On February 24, 2020 - 7:28 AM By

Virus scare pandemic that we have all worried about. Fear is beyond reason and it is reasonable to be fearful. Concerns of the virus spreading […]

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Catching A Bug. The Energy Report 02/21/2020

On February 21, 2020 - 7:45 AM By

The global market once again is being held back by coronavirus developments with reports that the virus will start to wreak havoc outside of China. […]

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Other things are going on in the oil market other than demand destruction from the coronavirus. Oil is shaking off coronavirus fears and focusing on […]

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An Apple a Day. The Energy Report 02/18/2020

On February 18, 2020 - 7:18 AM By

Oil Prices are giving up gains and turned lower after Apple will miss its second-quarter forecast for revenue. They pointed to supply issues for iPhones and […]

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Feeling Love! The Energy Report 02/14/2020

On February 14, 2020 - 9:31 AM By

Oil bulls are buying Valentines and buying back into oil. Shorts are running for cover as estimates of oil demand destruction are coming in lower […]

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Numbers Game. The Energy Report 02/13/2020

On February 13, 2020 - 9:47 AM By

Markets are back on the defensive after a risk-on day. The main reason is the numbers game. The number of reported cases of the novel […]

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Oil funds started to pile on to the short side of crude after more than a 20% drop as they all of a sudden realized […]

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Oil is coming back in a classic turnaround Tuesday fashion as the market is starting to realize that a 22% correction in the price might […]

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So much for the “emergency” OPEC plus meeting. The cartel can’t seem to get Russia to believe there is an oil oversupply emergency even after […]

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