Posts by: Phil Flynn

Nowhere to run to, nowhere to hide. Oil can’t go below zero. Oh, yes, it can. After the CME Group clarified that point, it created […]

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1999. The Energy Report 04/20/2020

On April 20, 2020 - 7:48 AM By

I guess you can party like it’s 1999 as long as you remain socially distant. The price of oil has hit the lowest levels since […]

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Car, no traveling far. Staying at our home, but not without a star. Free. Only want to be free. Can’t huddle close. Hang on to […]

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Stop the world; the oil process wants to get off. Oil prices got crushed as supply data and economic data was a stark reminder that […]

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Stabilization in the petroleum sector is harder when you see the extent of demand destruction in black and white. Oil prices were trying to stand […]

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Many people expected that oil prices would spike higher after OPEC plus cut global oil production by a record amount. Yet lingering concerns about oil […]

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The big oil deal – the biggest ever with OPEC Plus – is done. President Trump Tweeted that, “This will save hundreds of thousands of […]

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Petroleum future prices surge even though U.S. commercial petroleum stocks increased by a record-breaking 32.98 million barrels last week, the largest weekly increase ever. The […]

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Oil prices are bouncing back after a pre-American Petroleum Institute(API) report sell-off that was expected to show a massive increase in supply. The API did […]

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The oil markets are following stocks higher on the hope that the Coronavirus is showing signs of peaking and talk that OPEC plus is closing […]

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Will they meet? Will they cut? The answer is yes! Forget all of the drama. The pressure is too high for OPEC plus not to […]

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Will the U.S. collude with OPEC plus Russia to try to save the global oil industry? Global oil prices exploded by 25%, the biggest percentage gain […]

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