Currently viewing the category: "Phil Flynn Energy Report"

The race for a covid19 cure sent stocks of to the races. Crude oil had a massive rally on reports that Gilead Sciences had a […]

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Markets today are focused on the race to zero. The FOMC will announce their decision today, and while they are not expected to cut rates […]

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The front-month WTI crude oil future is becoming a very lonely place. Fears that storage will top out and predictions of another assault on negative […]

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While the stock market continues to show optimism about life after the coronavirus, in the energy industry, there is just more doom and gloom. There […]

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The crude oil price snapped back to life on a sign that demand destruction has stabilized but production destruction has just begun. While the oil […]

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Oil pressure is growing as global storage fills up and OPEC fails to speed up production cuts. There are also criticisms directed at the CME […]

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Oil prices are still grappling with more oil than the world needs right now, and we are running out of places to store it. Millions […]

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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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