240 ordspråk av Phil Flynn

Phil Flynn

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Maybe Iran, Venezuela and Russia need to get some fresh air as the fumes from their oil profits continue to cloud their better judgment. Oil power intoxication with an endless stream of oil profits seems to cause a feeling of extreme and all-encompassing power.

Natural gas just collapsed because traders don't seem to think it will turn very cold.

This is the biggest down day for the April contract on record.

We've come down a lot in a short time in large part in anticipation to yesterday's inventory reports. This has been a big correction, falling to the low $60s from $69 last week, which suggests the market has gotten ahead of itself.

It still seems the threat of losing Iranian oil is a far out issue. Today it appears traders are preparing for what could be a bearish Department of Energy weekly supply report.

It appears traders are preparing for what could be a bearish Department of Energy weekly supply report.

Even though the forecasts are turning colder, traders are already thinking about spring. The market is saying we think the winter is pretty much over given the supplies that we have.

Consumers have been given an economic boost with no astronomical heating bills to pay.

February seems to be a month that is focused on large energy supply, but little concern with the world around us.

The question is where do we go from here? We've fallen so quickly in recent sessions, will there still be momentum to go down to the low $50s?

Of course doing nothing must be bullish as oil continues to head higher.

Storage was the reason gas went from $15 per million British thermal units to $8. If we have a warmer-than-normal February we're going to end the winter at all-time record high storage.

It seems like the concern about the Iran showdown is trumping the fact that supplies are pretty good right now and that seems to driving the market.

Consumers have been given an economic boost with no astronomical heating bills to pay. We know this fact has been the main reason energy prices have stayed somewhat grounded and have fallen short of bullish expectations.

The oil market once again has been pulled out of potential obscurity by another host of geo-political events.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

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