Phil Flynn | TalkMarkets | Page 33
Sr. Market Analyst at The PRICE Futures Group
Phil Flynn is writer of The Energy Report, a daily market commentary discussing oil, the Middle East, American government, economics, and their effects on the world's energies markets, as well as other commodity markets.

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Oil: Crazy Draw
Oil again rejected the sub $40.00 a barrel area as talk starts to circulate that we could see a significant drawdown in U.S. crude oil inventory.
Refinery Rundown
Energy Report for Monday, August 3, 2020. The OPEC-plus cuts and plunging U.S. oil production are starting to be felt.
More Barrels At A Bad Time
OPEC plus is going to rollback cuts and add 1.5 million barrels of oil to the global oil market starting August 1. When OPEC Plus decided to raise output early last month, it looked as if the market was going to need those extra barrels.
The Morning After
Markets are a bit hungover even as the party master, Jerome Powell, swears he will keep the party going.
Crude Oil: Stimulus Stall
Talk of a stimulus stall is holding crude oil back a bit after a surprisingly bullish 6.829 million barrel crude oil draw.
Twilight In The Desert Redux
Today oil is steady as it awaits the Fed decision and oil inventories. Expectations that crude supply will rise may hold oil back. Products may see a decrease, but demand concerns are weighing on minds.
Oil: Left Out
With all of the excitement with a rising stock market and record prices on gold and explosive moves in silver, oil seems to be a bit left out.
Oil: Summer Heat
U.S. tensions with China are heating up, but at the same time, so is manufacturing and service sector data across Europe, not to mention record runs at Chinese oil refineries.
Energy: If It Can't Break
If it cannot break, do not fix it. Even with signs that gasoline demand may be stalling and increasing tensions between the U.S. and China, the oil market remained resilient.
Houston Problems
Crude oil has a Houston problem and is causing it to pull back from pre-oil price war highs.
Oil: All The Way
Oil prices have come all the way back from before the OPEC/ Russia price war. Both Brent crude and WTO have defied the skeptics proving once again that it is futile to fight global central banks.
Oil Prices: All About The Base
Oil prices, despite rising coronavirus fears, are resilient above $40 a barrel. Hopes of more economic stimulus in the U.S. and the E.U. are supportive as well as data on the U.S. oil and gas rig count that fell to historic lows.
The Oil Case
Oil prices stutter as fears that the impressive global oil demand snap-back with a stall as the coronavirus continues to challenge the global economy.
Oil: Imports Dry Up
Oil prices closed at a 4 1/2 -month high as the impact of OPEC production cuts and an increase in air travel led to a huge crude oil draw and products as well.
OPEC Finesse
OPEC's technical committee is trying to thread the oil needle by increasing oil production but not crash global oil prices. Some fear that any production increase in global output will end the most significant oil price recovery on record.
Oil: Roll Back
News that California was rolling back its economic re-opening caused a sharp reversal as stock and oil rolled over, giving back its day’s gains.
513 to 528 of 1398 Posts
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