Category: Crude Oil

U.S. PMI Manufacturing Index Slightly Rose to 51.6%

Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 51.6% during September. The U.S. Manufacturing PMI, which is an index that shows the economic activity in the U.S. manufacturing sector, grew for the 26th consecutive…

Oil Prices – Daily Outlook October 3

Crude oil prices ended the week with sharp falls as the U.S. stock market sharply declined and the Euro/USD declined over the recent Euro Area high inflation rate for September. Currently, crude oil prices are traded down. Today, Australia’s Trade…

Weekly Outlook for October 3-7

The debt crisis in Europe will continue to occupy the news and affect forex, stocks and commodities markets throughout the week. This upcoming week brings many news items that could influence the commodities market including gold and crude oil. The…

Crude Oil Prices – Weekly Recap 26-30 September

The crude oil market didn’t recover form the sharp falls to its crude oil prices during the previous week as they continued to moderately decline during the week.    Crude oil, much like the other energy commodities, closed the month…

Oil Prices – Daily Outlook September 30

Crude oil prices are likely to end the week slightly recovering from the sharp falls they have endured last week. Crude oil prices along with the US stock market rose during most of the week. Currently, crude oil prices are…

U.S. Pending Home Sales Declined in August 2011

According to the recent U.S. pending homes sales report there was another decrease in pending home sales during August 2011, but the August pending home sales index was still above the August 2010 index. The US pending home sales index…