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Oil price jumps more than 3 percent

...permits in November. If consumer spending and construction activity continue to grow, demand for oil will likely follow.PFGBest analyst Phil Flynn said that oil traders also are increasingly concerned about political instability in Kazakhstan, which...
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Summer gasoline prices should be fairly steady

...earnings. If earnings come in weaker than expected, that could affect oil prices and, in turn, the price at the pump, PFGBest analyst Phil Flynn said. "So much of the price of oil really is based on the perception of economic recovery," Flynn said...
Crews working to get Alaska pipeline flowing

...crude oil prices Wednesday, "I don't think it was an overwhelming factor," said Phil Flynn, a senior market analyst for PFGBest. "The market is pretty well supplied right now, and we probably could miss it for a short time." Last month, the 48-inch...
Minimal impact expected from oil line shutdown

...Wednesday at $71.51 a barrel, up $2.76 on the New York Mercantile Exchange. Phil Flynn, a senior market analyst at PFGBest, said the shutdown may have factored in to that but not in a big way. "In a different universe," one with tighter crude...
Oil prices bounce back as US dollar weakens

...and other commodities. "If the dollar continues to get pummeled like this it will be a threat to the economic recovery," PFGBest analyst Phil Flynn said, warning of higher energy and food costs. To combat the worst recession since the 1930s, Federal...


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