Phil Flynn
Phil Flynn
Philip "Phil" Flynnis an Irish businessman. He was previously a vice-president of Sinn Féin, a trade unionist, an industrial relations consultant, a government advisor and a financier. He was the eldest of five children of a nationalist mother and Fine Gael father...
calm category head hit impact katrina knock markets shutting terms three worse
If you knock out two to three refineries with a category 4 or a category 5, and you hit them head on, you'll feel the impact immediately, and it would a while before the markets calm down. The impact of this could be worse than Katrina in terms of shutting down refineries.
forecasts given market saying supplies thinking though traders turning winter
Even though the forecasts are turning colder, traders are already thinking about spring. The market is saying we think the winter is pretty much over given the supplies that we have.
gets market seems sensitive storm
It seems like every storm we get, the market gets more sensitive to it.
debate high hurt ignore markets oil prices stocks
The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.
iran market supply uncertain wants
The market is uncertain as to what it wants to do at this point. Supply is not the issue. The uncertainty about Iran is the issue.
bullish crude despite fact market showing
The market is showing you that there is still a bullish undertow despite the fact that crude inventories are solid,
ahead betting expect looking market next run warmer week
Analysts are already looking ahead to next week and betting on warmer forecasts. If it doesn't get as warm as we expect then next week the market will run back up.
market warm
The market has been spooked by warm weather.
extremely market near northeast oil pumping supplies warm
The market thought that, with extremely warm temperatures in the Northeast and refiners pumping near capacity, heating oil supplies would go through the roof,
again host market obscurity oil potential pulled
The oil market once again has been pulled out of potential obscurity by another host of geo-political events.
disruption forth labor movement nigeria prolonged seeing straight strong tendency three
You're seeing some back and forth movement because after three straight up days, there's a strong tendency to take profits. But any prolonged labor disruption in Nigeria would be devastating.
cents currently gas high prices spike
If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible.
cooler definitely far hot pressure prices push summer weather
So far the cooler weather hasn't put more pressure on the supply, but a hot scorching summer could definitely push prices higher.
economic numbers oil weather
From an economic viewpoint, these numbers were encouraging. Especially encouraging were the distillate numbers ... We're going to have enough oil to weather the storm.