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December 27 2011, 08:03
Morning Petrospective – December 27, 2011 - The oil complex was higher last week, largely in response to a series of mostly supportive economic statistics, but totally in sympathy with a stock market that is now just one good day away from closing at its highest level since summer. [More]
December 21 2011, 08:54
Morning Petrospective – December 21, 2011. The oil complex rallied yesterday as investors reacted to the latest housing figures, which were surprisingly bullish. Housing starts increased 9.3% to an annualized rate of 685,000, its highest level since April, 2010. [More]
December 20 2011, 10:03
Morning Petrospective – December 20, 2011. Prices were mixed yesterday as traders were on both sides of markets yesterday. Heating oil and natural gas price were lower, while crude oil and gasoline quotes were higher. We fully expect to see a different combination in favor today or tomorrow. [More]
December 19 2011, 10:48
Morning Petrospective – December 19, 2011. Trading started to quiet down as we ended last week and it will get steadily lighter as we move through the week. In bad news for the bulls, though, all anyone is talking about now – and that effectively includes the period from Thursday afternoon through this Sunday evening into Monday morning – is weakness in Europe. [More]
December 16 2011, 08:44
Morning Petrospective – December 16, 2011. Here we are, a week later, and we have rewound the crisis back to full worry. One week ago, traders were celebrating the successful European summit conference; now, we fully expect that another summit will be needed or announced. [More]
December 9 2011, 10:56
Morning Petrospective – December 9, 2011. The oil complex finished lower yesterday as investors grasped the sense of disappointment that eventually pushed stock quotes into a tailspin. [More]
December 8 2011, 09:25
Morning Petrospective – December 8, 2011. While oil prices were waiting for European leaders to break out the champagne, this week’s DOE statistics were released and were surprisingly bearish. [More]
December 7 2011, 08:33
Morning Petrospective – December 7, 2011. Oil prices were higher yesterday in a very light volume session during which refined products traded less than 100,000 contracts each. [More]
December 6 2011, 09:51
Morning Petrospective – December 6, 2011. Oil prices were mixed to slightly higher yesterday as traders tried to handicap the likelihood of there being some measure of success in the week’s European attempts to get beyond the sovereign debt issue once and for all. [More]
December 5 2011, 08:31
Morning Petrospective – December 5, 2011 - Oil prices were moderately higher on Friday, on very light volume. [More]