Category: Crude Oil

U.S Housing Starts Sharply Rose in September

According to the recent U.S. Census Bureau report of the new residential construction statistics for September 2011 there was a sharp increase in housing starts but a drop in building permits. Privately owned Housing starts sharply inclined in September 2011…

Crude Oil Prices – Daily Outlook October 19

Crude oil prices changed direction again and bounced back from the falls they had recorded on Monday. The rally in the American and European stock markets may have contributed to this rally. Currently crude oil prices are traded with moderate…

Crude Oil Prices – Daily Outlook October 18

Crude oil prices shifted to red as they have declined yesterday along with the rest of the financial markets including the American and European stock markets. The lower than expected quarterly growth of the China’s GDP may have contributed to…