Following last week’s meeting between Germany and France’s leaders, in which they have reached an agreement about the bailout of the Greek debt, all eyes are set to the United States and the deliberations between Obama and the Republicans over…
Category: Crude Oil
Crude oil prices moderately inclined – Weekly recap 18-22 July
Crude oil prices started to rise again and finished the week with moderate increases; Brent oil price added 1.06% to its value, and WTI spot oil inclined by 3.86%, resulting in the spread between Brent oil and WTI oil reaching…
Recommended posts for the weekend – July 23
The week ended with moderate rises for gold and silver prices despite their falls during most of the week. During the week the French and Germans came up with a plan vis-à-vis the Greek debt crisis; US existing home sales…
Gold and silver ended the week rising –July 22
Gold and silver prices bounced back from the three day falls and finished the week with sharp gains; crude oil prices also finished the week with moderate rises; natural gas spot price (Henry Hub) on the other hand declined. Here…
Oil Prices Daily Outlook July 22
Crude oil prices finished yesterday with a mixed trend again as WTI spot oil rose and Brent oil slightly fell. Today, the core CPI of Canada will be published. Here’s a short analysis and outlook of the crude oil market…
Gold and silver fell for the third straight day–July 21
Gold and silver prices fell again for the third straight day and in these three days they fell by 0.96% and 3.46%, respectively; crude oil prices had a mixed trend again with WTI slightly rising and Brent oil slightly falling;…
Oil Prices Daily Outlook July 21
Crude oil prices finished yesterday with moderate rises for the second straight day. Today, Ben Bernanke will give a speech, there is also a summit scheduled of the European leaders to decide about the Greek bailout program (see here for…
U.S. oil stocks inclined by over 3.8 million barrels last week – July 21
In this week’s Energy Information Administration petroleum report there is an analysis of the seasonality of crude oil demand in the Middle East, in particular Saudi Arabia, and how did Saudi Arabia coup in the past with rising domestic demand…
Gold and silver fell for the second straight day–July 20
Gold and silver prices fell again for the second straight day by a very moderate rate; crude oil prices had a mixed trend with WTI slightly rising and Brent oil slightly falling; natural gas spot price (Henry Hub) moderately inclined.…
US existing home sales slightly fell in June 2011
Following yesterday’s report published by the U.S. Census Bureau vis-à-vis the housing starts and building permits in which these statistics improved in June compared with May’s figures, today the National Association of Realtors published its recent report on US existing…