Currently viewing the category: "Phil Flynn Energy Report"

The Race For A Cure. The Energy Report 04/30/2020

On April 30, 2020 - 7:46 AM By

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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The Race to Zero. The Energy Report 04/29/2020

On April 29, 2020 - 8:06 AM By

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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Drain the Oil Swamp. The Energy Report 04/28/2020

On April 28, 2020 - 7:22 AM By

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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Wall of Crude. The Energy Report 04/27/2020

On April 27, 2020 - 7:40 AM By

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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Production Destruction Accelerates. The Energy Report 04/24/2020

On April 24, 2020 - 7:29 AM By

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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Negative Oil! The Market Works. The Energy Report 04/23/2020

On April 23, 2020 - 7:48 AM By

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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No Room at the Inn. The Energy Report 04/22/2020

On April 22, 2020 - 7:51 AM By

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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Storage Wars. The Energy Report 04/21/2020

On April 21, 2020 - 7:40 AM By

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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Opening Up America! Again! The Energy Report 04/17/2020

On April 17, 2020 - 7:28 AM By

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 Energy Report 04/16/2020

On April 16, 2020 - 7:16 AM By

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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Stunning Demand Destruction. The Energy Report 04/15/2020

On April 15, 2020 - 8:26 AM By

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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