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Latest Alaron Trading News
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Crude falls below $63 in extended sell-off
market that is looking for a reason to go back up and it just isn't getting it, so it continues to fade away," Alaron Trading analyst Phil Flynn said. For months a weak dollar has brought more investment money into the oil market even though
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Oil price surge sends gasoline higher
slump, investors are already anticipating a supply shortage and price run-up in a few years, says Phil Flynn of Alaron Trading . Yet with current oil supplies robust and demand tepid, experts don't expect prices to soar near-term. Oil
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Gas prices probably won't rocket like last summer
The increase in production may signal a bottoming of weak demand for gasoline, says Phil Flynn, energy analyst at Alaron Trading . Still, he says, gasoline prices are "close to the peak." Gas prices could stabilize even if oil rises because refineries
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Oil prices jump above $65; first time for 2009
until now was the oversupply in everything. That's starting to change slowly," said Phil Flynn, an analyst at Alaron Trading Corp. "We saw the big pad of crude oil drop a little bit. And demand for oil has probably bottomed out. We may
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Oil prices jump to high for the year
improving perhaps? Or maybe those refiners are still indifferent to increasing supply," Phil Flynn, an analyst at Alaron Trading , wrote in a morning note. "It was probably a little of both." Crude stocks, which rose 4.1 million barrels
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Oil jumps above $52 as stock market surges
moving because of supply or demand, but because of "the perceived imbalance in the U.S. and European economies," Alaron Trading analyst Phil Flynn said. "Seems like the world now is running to the EU as a safe haven, and it makes the dollar
News
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Oil slips below $35 as global markets slump
sought less volatile investments. "The recession is getting worse in their eyes," said Phil Flynn, an analyst at Alaron Trading . "We've gone from a year when we didn't think we were going to have enough of any commodity to a situation where
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Low oil prices are not translating into low gas prices
their losses with profits on diesel fuel. Now, refiners are earning about $17 a barrel, says analyst Phil Flynn of Alaron Trading . Another reason for the apparent disparity: While the nation focuses on benchmark oil prices, such as Nymex, other
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Oil Price Smashes Another Recordenergy prices are having the most profound effect on the economy in recent memory," said Phil Flynn, an analyst at Alaron Trading Corp., in Chicago, in a research note. Oil, meanwhile, pushed to new records. Light, sweet crude for May delivery
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Oil's Broken Record, Surges Above $126put on sanctions, I'm sure Chavez would threaten to cut off our oil supply," said Phil Flynn, an analyst at Alaron Trading Corp. "Obviously that would have a major impact on oil prices." Light, sweet crude for June delivery vaulted
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Pain in the Gas: Refinery Troubles Push Gas Prices Higher
cleaner burning gasoline. Some of the regulations from state to state add to the cost," said Phil Flynn with Alaron Trading . Also, refineries perform maintenance during the changeover because the machines aren't operating. As one oil
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'Strong Possibility' Gas Will Rise to $4premium that's been built into the price of oil over this," said Phil Flynn, vice president and energy analyst at Alaron Trading . "Even though this crisis has ended, the oil market is still on guard that the tensions in the Middle East are
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Venezuelan Heating Aid to U.S. Poor Restoredprices are at $100 a barrel than when it is at $40 a barrel," said Phil Flynn, a vice president and analyst with Alaron Trading . "Chavez's entire reign and popularity really has been built upon high oil prices and his using of the country's
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Oil Rises Above $72 a BarrelPhil Flynn vice president and energy analyst with the Alaron Trading corporation joins us. From Chicago with more on what well Phil Flynn vice president an energy analyst with Alaron Trading corporation from Chicago has always. Thanks very
prices today. Phil Flynn -- vice president and energy analyst with the Alaron Trading corporation joins us. From Chicago with more on what we can expect -- thanks for joining us. Thanks bill for having meRight all right well Phil Flynn vice president an energy analyst with Alaron Trading corporation from Chicago has always. Thanks very much fun was bill thanks --
