Phil Flynn

Ladies and Gentlemen, Start your engines! Let’s get the summer driving season underway. Summer can’t come fast enough as demand concerns linger. Even signs of OPEC Plus...

Iran confirms the death of President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian in a helicopter crash. President Raisi's legacy was one that did little to foster peace in the...

I’ve seen fire and rain and both of those could impact oil prices today.Massive rains in Houston have caused flooding and could impact oil production and potentially refining activity. While at...

Let’s face it, the OPEC plus cartel the International Energy Agency (IEA) and the Energy Information Administration EIA are basically a hot mess. The growing divergence in predictions for...

The timing of Biden’s directing his trade representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China helped light a fire under an already...

Get ready to float your oil boat as data from OPEC and floating storage suggests the global oil market tightening. While US crude oil inventory supply in recent weeks saw some surprising increases,...

If you wonder why U.S. consumer confidence is as bad as it is, just look at oil and gasoline.The price of oil is 8.7% higher than it was a year ago. The cost of gasoline is higher, even as consumers...

Oil prices seemed to put in a reversal after rumors surrounding OPEC-Plus cuts and perceived oil and product market gluts seemed to be put to rest. The Energy Information Administration (EIA) and...

The oil market was trying to get its hands around the impact of Israel’s military operation in Gaza against a backdrop warning from a Chevron (NYSE:CVX) CEO about upside risk to the price of oil...

While some in the marketplace are concerned about weak demand, a move by Saudi Arabia to raise their price for oil seems to suggest that they’re not that concerned. Consider the fact that the...