Currently viewing the category: "Phil Flynn Energy Report"

Breaking News – Reuters Reports that Ukraine has suspended Russian oil flows to southern Europe since Aug. 4 because Western sanctions meant it did not […]

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Bullish bets on Nymex crude have hit a two year low. It’s the bulls that have run for the exit and are nowhere to be […]

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Is the petroleum market was going into a deep economic slowdown? If you look at the stock market, things don’t look that bad. Do you […]

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Oil prices had an epic fail after trying to break out of their downtrend near the 9650 ten-day moving average, which came after the Energy […]

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OPEC ON TAP. The Energy Report 08/03/2022

On August 3, 2022 - 8:38 AM By

Today is the day we are going to find out for certain whether Biden’s trip to the Middle East and his fist bump with Saudi […]

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Slow Days. The Energy Report 08/02/2022

On August 2, 2022 - 8:13 AM By

A slowing economy and low liquidity are giving oil futures a dog days of summer slide. Even reports that the Biden administration is going to […]

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Forget the tight physical oil market. Forget the fact that once the Strategic Petroleum Reserve releases end that we can see global supplies of oil […]

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The Biden administration does not want us to say that the economy is in a recession.  Well, if we can’t call it a recession, so […]

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Fed Chairman Jerome Powell seemed to suggest that the Federal Reserve is no longer going to be offering forward guidance about future interest rate decisions […]

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The White House continues to tell us that they are doing nothing wrong with the way they are running the economy or the country, it’s […]

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Europe is in a dangerous situation after Russia again reduced natural gas flows to Europe in a not-so-subtle reminder that winter is coming and Russia […]

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Sometimes we all have second thoughts. It appears that the Biden administration may be having second thoughts about the wisdom of their Strategic Petroleum Reserve […]

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