During last week the developments in Greece were among the main news items that draw the attention of the financial community. On Sunday the Greek Parliament will vote on the new austerity plan in order to receive from the EU…
Precious metals prices continued to shift from gains to losses as gold and silver prices ended the week falling. Crude oil prices also shifted from greed to red during yesterday’s trading; natural gas prices nearly didn’t change and only moderately…
The bullion market continues to zigzag as gold and silver prices rose on Thursday after they had declined on Wednesday. Crude oil prices also rose during yesterday’s trading; natural gas prices shifted from their recent downward trend and also finished…
Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. In…
The market didn’t do much during yesterday trading as WTI oil price slightly rose and Brent oil moderately declined; gold and silver prices continued to zigzag as they have been during this week; yesterday they have changed direction again and…
According to this week’s Energy Information Administration petroleum report crude oil stockpiles rose during last week by 3.8 million barrels; crude oil prices slightly fell. The report also refers to the heating oil bills for this season; the EIA report…
Energy commodities prices and precious metals prices changed direction and rose during Tuesday’s trading: gold and silver prices sharply rose; crude oil was also traded up. The Euro and major other currencies sharply appreciated against the U.S dollar. Here is…
Major commodities prices started off the week on a negative note as gold price declined again for the second consecutive business day; crude oil (WTI) price also decreased, while Brent oil price rose again. The Euro and many other currencies…
Crude oil prices didn’t do much during last week, but there was a shift in the premium of Brent oil over WTI as it reached the highest level since November 2011. Will this premium continue to rise in the upcoming…
Crude oil prices didn’t move in the same direction during last week as Brent oil price rose, while the price of WTI oil declined. The ongoing concerns revolving the boycott of Iranian oil by the West may have been among…