Posts by: Phil Flynn

Oil is starting to flow into the U.S. Strategic Petroleum Reserve which may avert a U.S. oil storage overflow and substantially reduce the risk that […]

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I guess we all feel like shut ins these days but it is shut ins in the oil patch that has catapulted prices from the […]

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Everybody loves a comeback, and oil is rallying for the 5th day in a row on comeback hopes. Oil prices are shaking off fears of […]

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Oil prices are trying to turn the corner, yet there is still concern about oversupply. The week starts with a bit of risk-off, and the […]

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Oil prices are defying current oversupply and instead are focused on the start of the most significant oil production cut in history. According to Reuters, […]

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The race for a covid19 cure sent stocks of to the races. Crude oil had a massive rally on reports that Gilead Sciences had a […]

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Markets today are focused on the race to zero. The FOMC will announce their decision today, and while they are not expected to cut rates […]

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The front-month WTI crude oil future is becoming a very lonely place. Fears that storage will top out and predictions of another assault on negative […]

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While the stock market continues to show optimism about life after the coronavirus, in the energy industry, there is just more doom and gloom. There […]

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The crude oil price snapped back to life on a sign that demand destruction has stabilized but production destruction has just begun. While the oil […]

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Oil pressure is growing as global storage fills up and OPEC fails to speed up production cuts. There are also criticisms directed at the CME […]

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Oil prices are still grappling with more oil than the world needs right now, and we are running out of places to store it. Millions […]

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