Category: Crude Oil

Gold & Silver Prices – Daily Outlook July 27

Gold and silver prices continue to moderately incline as the uncertainty around the raising of the U.S. debt ceiling continues to occupy the financial news. Currently, gold and silver prices are trade with moderate changes. Today, the U.S. durable goods…

U.S. new home sales slightly fell in June 2011

Yesterday the U.S. Census Bureau issued its monthly report on U.S. new homes sales for June 2011. According to the report, in June 2011 the annual rate of number of U.S. new home sales reached 312,000 (seasonally adjusted); this figure …

Oil Prices Daily Outlook July 27

Crude oil prices continue to seek direction as WTI spot oil price gained only 0.9% to its value since July 7th up to date; Brent oil price, over the same period gained only 0.3%.  Today, the U.S. durable goods report…

US consumer confidence slightly rose in July

According to the recent consumer confidence survey in the US, the consumer confidence index has slightly inclined during July compare with June’s index; this index declined during the past couple of months. The index stood in July at 59.5 (195=100)…

Oil Prices Daily Outlook July 26

Crude oil prices continue to zigzag as they did in the past couple of weeks. Today, the U.S. consumer confidence report will be published along with the U.S. new home sales. Here’s a short analysis and outlook of the crude…

Oil Prices Daily Outlook July 25

Crude oil prices finished the week with moderate rises but they are currently traded moderately down. Today, the Governor of the Reserve Bank of Australia will give a speech. Here’s a short analysis and outlook of the crude oil market…