The Saudis finally show their oil cards -- and then announce plans to cut exports. Here’s why.
Phil Flynn is senior energy analyst at The PRICE Futures Group and a Fox Business Network contributor. He is one of the world's leading market analysts, providing individual investors, professional traders, and institutions with up-to-the-minute investment and risk management insight into global petroleum, gasoline, and energy markets. His precise and timely forecasts have come to be in great demand by industry and media worldwide and his impressive career goes back almost three decades, gaining attention with his market calls and energetic personality as writer of The Energy Report. You can contact Phil by phone at (888) 264-5665 or by email at pflynn Learn even more on our website at www.pricegroup.com.@pricegroup.com.
American shale a success but OPEC still 800 pound gorilla.
In oil, and in markets in general, it is perception and not necessarily reality that drives prices.
Oil needs to be on the Fed's radar
The decline in global oil prices has the industry on edge.
Falling oil prices could hit U.S. oil producers.
The weight of the global oil markets will fall on the backs of Saudi Arabia.
A hard look at Barack Obama’s record on U.S. energy.
America is the world's biggest energy producer.
A shale oil production peak may be in the cards.