Andy Lipow

Type: Person
Name: Andy Lipow
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Transcript: Monday, April 21, 2014

ANNOUNCER: This is NIGHTLY BUSINESS REPORT with Tyler Mathisen and Susie Gharib, brought to you in part by –(COMMMERCIAL AD)SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: Wall Street’s report card. One-third of the S&P 500 report earnings this week, but ... [Published NBR.com - Apr 22 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

US oil prices flat following supply report

Oil prices in New York have finished essentially flat as a bearish US oil inventory report offset concerns that rising political tensions in Ukraine could affect energy supplies.US benchmark West Texas Intermediate for May delivery edged up by a penny ... [Published Special Broadcasting Service - Apr 16 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 2 reports

US crude oil rises on prospects for gasoline demand

But traders kept a cautious eye on the situation in Libya, where the government's deal with rebels lifting their blockades of oil terminals would allow Libyan oil to return to the market.New York's main contract West Texas Intermediate for delivery in ... [Published MSN Philippines - Apr 11 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

Oil Futures Hold Gains After U.S. Crude Stockpiles Rise

By Michael CaliaNEW YORK--Oil futures maintained early gains Wednesday as geopolitical concerns had a greater impact than a bigger-than-expected rise in U.S. crude-oil stockpiles.Light, sweet crude for May delivery was up 35 cents, or 0.3%, at $102.91 ... [Published 4 Traders - Apr 09 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

Oil Futures Dip on Continued Demand Concerns

By Nicole FriedmanNEW YORK--Oil prices declined Wednesday as a drop in U.S. supply failed to erase traders' fears about sluggish demand.U.S. crude-oil supplies fell last week for the first time in 11 weeks, the U.S. Energy Information Administration said, ... [Published 4 Traders - Apr 02 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

Nymex Crude Holds Losses After Inventory Report

By Nicole FriedmanNEW YORK--Oil futures slipped Wednesday despite government data showing an unexpectedly large drop in U.S. crude-oil supplies, as traders saw the inventory drawdown as an aberration due to last week's closure of the Houston Shipping ... [Published 4 Traders - Apr 02 2014]
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

Why big oil needs Russia

Discussing rising crude oil prices, and the impact of geopolitical risks in Russia on the global oil market, with Andy Lipow of Lipow Oil Associates. ... [Published CNBC - Mar 28 2014]
First reported Mar 27 2014 - Updated Mar 28 2014 - 1 reports

Oil Futures Near 3-Week High as Cushing Supplies Fall

--Supplies in Cushing, Okla., at lowest level since January 2012, EIA says--Gulf Coast stocks hit all-time high last week--May futures rise 1% to $101.28/barrel, highest since March 7By Nicole FriedmanNEW YORK--Oil futures climbed to a near-three-week ... [Published 4 Traders - Mar 27 2014]
First reported Mar 26 2014 - Updated Mar 26 2014 - 2 reports

Coast Guard reopens Houston Ship Channel in most directions

BY BARBARA POWELL & DAN MURTAUGH HOUSTON (Bloomberg) -- The Houston Ship Channel,reopened in nearly all directions of vessel traffic for the first time since a March 22 oil spill. The United States Coast Guard authorized inbound and outbound vessel and ... [Published Hydrocarbon Processing - Mar 26 2014]
First reported Mar 25 2014 - Updated Mar 26 2014 - 3 reports

Coast Guard Plans to Allow Test Run Through Houston Ship Channel

March 25 (Bloomberg) -- Authorities including the U.S. Coast Guard plan to allow a cruise ship to move through the Houston Ship Channel today as they work to reopen the waterway after a March 22 spill, a spokesman for the group said.The ship will be evaluated ... [Published Washington Post - Mar 25 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 2 reports

Coast Guard Working to Open Part of Houston Ship Channel

(Updates with Exxon refinery status in first paragraph.)March 24 (Bloomberg) -- The U.S. Coast Guard is working to open part of the Houston Ship Channel, home to 11 percent of the nation’s refining capacity, today as crews contain and clean up a 4,000-barrel ... [Published Washington Post - Mar 24 2014]

Quotes

"traders are skeptical because we have seen a series of announcements. traders will wait until we see these ports reopen and exports resumed" Lipow said
"wti continues to move higher in reaction to lower and lower cushing crude-oil inventories" said Andy Lipow, president of Lipow Oil Associates in Houston

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Transcript: Monday, April 21, 2014 [Published NBR.com - Apr 22 2014]
US oil prices flat following supply report [Published Special Broadcasting Service - Apr 16 2014]
US crude oil rises on prospects for gasoline de... [Published MSN Philippines - Apr 11 2014]
US crude oil rises on gas demand prospects [Published Sydney Morning Herald - Apr 11 2014]
Oil Futures Hold Gains After U.S. Crude Stockpi... [Published 4 Traders - Apr 09 2014]
Oil Futures Dip on Continued Demand Concerns [Published 4 Traders - Apr 02 2014]
Nymex Crude Holds Losses After Inventory Report [Published 4 Traders - Apr 02 2014]
Why big oil needs Russia [Published CNBC - Mar 28 2014]
Oil Futures Near 3-Week High as Cushing Supplie... [Published 4 Traders - Mar 27 2014]
Coast Guard reopens Houston Ship Channel in mos... [Published Hydrocarbon Processing - Mar 26 2014]
Coast Guard Reopens Houston Ship Channel in Mos... [Published Washington Post - Mar 26 2014]
Coast Guard Plans to Allow Test Run Through Hou... [Published Washington Post - Mar 25 2014]
Reopening of Houston Ship Channel May Hinge on ... [Published Washington Post - Mar 25 2014]
Flights Planned Over Houston Ship Channel to As... [Published Washington Post - Mar 25 2014]
Coast Guard Working to Open Part of Houston Shi... [Published Washington Post - Mar 24 2014]
Coast Guard Working to Reopen Part of Ship Chan... [Published Bloomberg - Mar 24 2014]
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