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"Phil Flynn Energy Report"
Oil prices held key support after dropping from the highest price level since June 8th on a headline from Oil Price that, “Russia’s Crude Oil […]
Continue Reading →Oil prices are modestly higher trying to balance signs that OPEC production cuts are going into effect and the impact of rate cuts in China […]
Continue Reading →Oil is still struggling as it doubts that we can avoid a recession, but it is getting support from the ECB which unlike the Fed […]
Continue Reading →One of the reasons given for oil’s underwhelming performance as of late is the talk of a slowdown in the Chinese economy after the post-covid […]
Continue Reading →The International Energy Agency (IEA) is predicting that oil-demand growth to slow to 400,000 bpd in 2028 and peak before the end of the decade. […]
Continue Reading →Oil prices are trying to bounce back as traders try to see whether the summer Monday price collapse was justified. Talk about Goldman sacks reducing […]
Continue Reading →Oil prices plummeted Monday morning as the focus moved away from the supply side, which will only get tighter, to fears about the demand side […]
Continue Reading →Oil prices plummet after a report from the Middle East said there could be an interim deal between the United States and Iran that would […]
Continue Reading →Gasoline prices hit the $4.00 a gallon mark in Boise, Idaho for the first time this year and that can’t be a good sign for […]
Continue Reading →Oil demand continues to rise, defying negative predictions about the economy and the lackluster market action that continues to wait for the other shoe to […]
Continue Reading →The Saudis go it alone strategy to cut oil production by 1.0 million barrels of oil a day is being tested by the speculators who […]
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The Rain on The Grain. The Energy Report 06/22/2023
They say that rain makes grain, but the lack of rain could cause a spike in oil product prices. Big whipsaw moves in gasoline and […]
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