Category: Crude Oil

Gold and Oil Prices Slipped Yesterday–Recap January 24

Major commodities prices changed direction and slipped during yesterday’s trading.  Gold and silver were traded down; crude oil prices also declined despite the recent news of EU’s sanctions on Iran to boycott its oil; natural gas price continued its rally…

Major Commodities Started the Week Rising–Recap January 23

Major commodities prices started off the week with sharp gains especially for the energy commodities including crude oil prices and natural gas prices. The Euro and other currencies including Canadian dollar rallied from Friday’s falls and appreciated against the U.S.…

Oil Prices – Weekly Outlook January 23-27

Crude oil prices only slightly slipped during last week, which is similar to their slow downward trend in recent weeks. What is up ahead for crude oil prices in the penultimate week of January? Let’s analyze the oil market and…

Weekly Outlook for 23-27 January

Following the sharp changes in the Forex markets, partly due the S&P’s announcement to cut the credit rating of France and Austria, this week will start with the news of S&P estimates a negative outlook for the European Union. During…

U.S Existing Home Sales Rose in December 2011

The U.S real estate market continues to show signs of recovery as the U.S. existing homes sales rate rose during December 2011 by 5%; this news however doesn’t coincides with the recent decline in the housing starts, which was announced…

Gold and Silver Ended the Week Rising–Recap January 20

Gold and silver ended the week rising after they had slipped on Thursday; energy commodities prices including oil prices declined; natural gas prices sharply fell again on Friday; the Euro and other currencies such as Canadian dollar slightly depreciated against…

Crude Oil Prices – Weekly Recap 16-20 January

Crude oil prices continued their downward trend for a second straight week after they had started the month with sharp gains. The speculation around the stability of Euro Area will continue to dominate the news and crowd out (for the…