Crude oil prices didn’t do much during last week despite the many news items that were published including the U.S. GDP report for Q4 2011. There are still tensions between the speculation revolving the stability of Euro Area and thus…
Crude oil prices slightly rose during last week and thus continued their trend of moderate changes of recent weeks. What should we expect for crude oil prices in February? Let’s examine the oil market the main news items and events…
Following the rally in gold and silver prices during last week along with the gains of major currencies including the Euro and Australian dollar against the U.S. dollar, the upcoming week starts off with the announcement of Fitch rating to…
Gold and silver prices ended the week with slight gains; WTI oil price slipped while Brent oil moderately rose; natural gas future price bounced back from Thursday’s falls and sharply rose on Friday, while the spot price sharply decreased yesterday.…
Gold and silver prices continued their rally and sharply rose again during Thursday’s trading; crude oil also traded up yesterday; natural gas future price changed direction and fell while the spot price sharply increased yesterday. The Euro and other currencies…
The bureau of economic analysis published today its first estimate of the growth rate of the U.S. GDP in the fourth quarter of 2011: According to the report, the growth rate of the real U.S GDP 2011 in the fourth…
Today, the U.S. Census Bureau updated on the number of new homes sales in the U.S during December 2011: new homes sales slightly fell again compared with November. According to the recent report, during December 2011 the annual rate of…
Today, the U.S. Census Bureau published its monthly report on U.S. durable goods manufactures’ shipments, inventories and orders for December 2011 – according to this report, orders of durable goods and capital goods increased during last month compared with November’s…
In this week’s Energy Information Administration petroleum report there is an analysis on the regional trend of crude oil purchase costs. According to the weekly update, crude oil stockpiles fell last week by 4.2 million barrels; crude oil prices slightly…
According to the recent U.S. pending homes sales report the market changed direction as pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.…