Posts by: Phil Flynn

After the Federal Reserve decision yesterday and Federal Reserve Chair Jerome Powell’s press conference, President Trump said, ” too late Jerome Powell is a fool […]

Continue Reading

I don’t know if you can call it unconditional surrender, but President Trump yesterday said that the Houthis don’t want to fight anymore. This ragtag […]

Continue Reading

 Oil prices are increasing this morning after reaching a 4 1/2 year low. The market may have reached a bottom yesterday, following a sell-off due […]

Continue Reading

Oil gapped lower on OPEC perceptions and misconceptions.  OPEC and its favorite co-conspirator Russia agreed over the weekend to raise output by another 411,000 barrels […]

Continue Reading

The maximum pressure campaign is back, and it couldn’t have come at a better time. The Iranians just didn’t seem to get the message as […]

Continue Reading

The question of the day is whether five unnamed sources are better than 3. Perhaps we’ll never know but 5 seems like a lucky number. […]

Continue Reading

Koch Industries decided to exit oil, a refined product, trading to seek ‘greener pastures’ to areas that have provided more attractive returns. What that decision […]

Continue Reading

There is more evidence that the Biden administration did lasting damage on their way out the door, not only to the country and the economy, […]

Continue Reading

It does not matter if it is uptown or downtown, it is a trading funkadelic in petroleum markets. Conflicting stories and perception about what’s going […]

Continue Reading

$50 a barrel oil may not be sustainable for oil producers today but with better regulations and the ingenuity of the US oil and gas […]

Continue Reading

There was an old saying in the markets that if you traded headlines eventually you would be out selling newspapers. Few people sell newspapers anymore as […]

Continue Reading

Although there are concerns regarding the layoffs of numerous government employees by the Department of Government Efficiency, at least one position within the federal payroll […]

Continue Reading