Phil Flynn

The possibility of a Fed rate cut along with tightening US crude oil supply and rising demand was enough to give Crude Oil WTI Futures another run above $80 a barrel before banking concerns caused a...

Are inaccurate reports of global oil, supply and demand starting to catch up to the global oil market?  Oil prices have been creeping higher as the market structure has priced in supply tightness...

One of the biggest challenges in the global oil market in recent years has been the commitment between OPEC and Russia to try to work together to support global oil prices. For OPEC to learn lessons,...

Oil prices hit a three-and-a-half month high, yet the oil products flopped in hopes that refiners may be able to meet current demand. Even as gasoline demand hit a three-week high, distillate demand...

While OPEC signals to the market that their production cuts will be extended and signs that Chinese oil demand will continue to rebound, today the market is pulling back on a rising dollar as the...

The Iranian-backed Houthi rebels have not been thwarted from attacking ships on the Red Sea by the Biden administration and seem to be calling the shots in the Red Sea as the global oil supply...

Air conditioning demand in February! Well, it is happening in places like Texas and it gave a boost to natural gas but slowed the demand for heating oil because of unbelievably warm weather. The crude...

Oil and product prices are compressing in a range as natural gas pops in hopes that low prices may start to cure low prices. Reports that Chesapeake Energy (NYSE:CHK) will start cutting drilling...

It seems that the oil trade is backtracking on calls for ‘peak oil demand’ and is now more focused on the possibility of ‘peak oil’ production in the US and around the globe....

OPEC and the International Energy Agency can’t seem to agree on anything. Not only has a war of words broken out between these two groups, but they continue to see the global energy markets from...