Posts by: Phil Flynn
Oil is starting to find the light at the end of the Covid 19 and stimulus tunnel. Oil rallied despite a negative American Petroleum Institute […]
Continue Reading →Iran is defying U.S. sanctions and is daring anyone to do something about it. The apparent election of Joe Biden seems to be emboldening the […]
Continue Reading →Still Brexit, after all these years. One might think that after three years of Brexit negotiations, it would fail to move markets, but it still […]
Continue Reading →OPEC plus may be raising production, but “Big Oil” is still cutting back. OPEC plus Russia finally agreed to a 500,000 barrel per day production […]
Continue Reading →Global oil markets are in flux as we all wait to see if OPEC and their favorite co-conspirator Russia can agree to a production deal […]
Continue Reading →The OPEC Plus Russia relationship is in peril as the world fears that disputes could lead to a new oil production war. Talk that the […]
Continue Reading →The OPEC meeting was postponed, and it was not because of Covid 19. Divisions separate the OPEC cartel, and they had to delay the meeting […]
Continue Reading →The world is waiting on OPEC plus to try to hammer out a deal on extending production cuts and basically to get their act together. […]
Continue Reading →We have Export Sales and that will be pretty much all the reports we have today. We will be having scattered closings with the Thanksgiving […]
Continue Reading →It was another Thanksgiving Day Turkey shoot, and markets moved on light volume and also inspired movement. While oil sold off, it was bitcoin that […]
Continue Reading →Joe Biden voters are getting an early return on their vote investment as markets start to price-in higher energy prices. While Vice-President Joe Biden promised […]
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Standing Tall. The Energy Report 12/10/2020
Oil prices stood tall even after a massive 15.2-million-barrel crude oil increase in US oil supply. The increase was enhanced by a record amount of […]
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