Posts by: Phil Flynn

Oil prices soared on Friday after OPEC, led by Saudi Arabia, engineered a 503,000 barrel per day production cut, bringing the total cut to 2.1 […]

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Slowdown the barrels. Lower production before prices falls again: prices start rocking, we expect the Russians will be onboard again now. For we need production […]

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OPEC Intrigue Lifts Oil Prices

On December 6, 2019 - 2:34 PM By

The members of the OPEC rarely disappoint when it comes to their big meetings. This month, much is on the table. Will they cut more […]

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Silly side talks, oil price hawks, dressed in mighty high style, in the air, there’s a feeling of OPEC. Members clashing, oil slashing, meeting time […]

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What selloff? Oil prices are coming back from the Black Friday massacre as, along with OPEC plus optimism, the American Petroleum Institute (API) gives the […]

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In my rant on the 5% sell-off in oil on black and blue Friday, I erroneously stated the massive sell-off was on light volume. Well […]

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Turkey Shoot. The Energy Report 12/02/19

On December 2, 2019 - 8:12 AM By

Oil prices collapsed in what can be described as a post-Thanksgiving turkey shoot. Computer algorithms took suspect headlines and in turn picked-off bullish positions like […]

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Give Thanks. The Energy Report 11/27/19

On November 27, 2019 - 9:12 AM By

Going into Thanksgiving Day we have a lot to be thankful for on the energy front. Our nation’s economy has prospered with the shale revolution […]

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The Right Call. The Energy Report 11/26/19

On November 26, 2019 - 9:19 AM By

Oil prices are on the rebound on increased trade truce hopes as well as speculation that OPEC may try to engineer not only an extension […]

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Cold Turkey. The Energy Report 11/25/19

On November 25, 2019 - 7:25 AM By

The new IMO 2020 rules go into effect but will ship be able to quit dirty fuel cold turkey? That’s the question for oil traders […]

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It’s all about the glut, no oil. It’s all about the glut. No oil, all about the glut, no oil. The oil market has been […]

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