Posts by: Phil Flynn
Another week of bullish oil inventories cannot overshadow concerns about the global economy and the entrance into shoulder season. The Energy Information Administration reported U.S. […]
Continue Reading →Oil prices and oil supplies are going in the same direction. Down! The crude oil market is seemingly ignoring the oil supply tightness as prices hit […]
Continue Reading →Oil got crushed as a multitude of factors hit as traders started back from the Labor Day holiday weekend. First and foremost was weak global […]
Continue Reading →Oil prices are giving into weak demand concerns out of China and hoping that their economic slowdown will make the loss of Libyan barrels somewhat […]
Continue Reading →I have said many times that this is not your daddy’s OPEC. Oil prices have another reason not to break out to the downside of […]
Continue Reading →Once again very tight oil supply and very good demand is being overshadowed by China oil demand concerns. The latest worry is coming from UBS […]
Continue Reading →Oil inventories continue to tighten even as crack spreads crack under seasonal pressure and hopes that Libyan oil production won’t be down for too long. […]
Continue Reading →Oil prices seemed shocked that a real oil supply disruption could raise prices while Exxon Mobil is warning of a coming oil shock unless the […]
Continue Reading →The Fed Pivots while Israel attacks, and Libya shuts down oil production. The pieces are falling into place for a monster oil rally that could […]
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Freaked Out Economics. The Energy Report 09/09/2024
One, two, ah, freak out! Le freak, c’est chic. Freak out! Ah, freak out! Petroleum markets freaked out and plunged on Friday after a pathetic […]
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