Crude oil prices finished yesterday with moderate rises following the moderate fall on Monday. Today, the US existing home sales will be published and the EIA petroleum market analysis report. Here’s a short analysis and outlook of the crude oil…
Category: Crude Oil
Gold declined for first time in two weeks | oil prices inclined –July 19
The longest rising streak in 2011 for Gold price ended yesterday as it moderately declined. Crude oil prices continue to shift between directions as they finished yesterday rising; natural gas prices moderately inclined. Here is a summary of the price…
Oil Prices Daily Outlook July 19
Crude oil prices finished yesterday with moderate falls following the moderate rises from Friday. During July crude oil prices (WTI spot oil) changed direction nine times over the past 11 business days. The European summit on Thursday will be an…
Gold reached $1.600 mark | oil prices declined –July 18
Crude oil prices continue to zigzag as they have finished the day with moderate fall, after they had inclined on Friday; Gold and silver prices kept on rising; natural gas prices finished the day with sharp rises. Here is a…
Oil Prices Daily Outlook July 18
Crude oil prices continue to seek direction after their rapid rise at the beginning of July. Despite the concerns from Europe about the debt of Greece and Portugal, and the US debt ceiling debate, oil prices remain high at the…
Weekly outlook for July 18-22
In the upcoming week the indicators regarding the US housing market will be published such as the US housing starts; Canadian rate will be decided; US TIC long term purchases; Ben Bernanke to testify and many more news items are…
Crude oil prices seek direction – Weekly recap 11-15 July
Crude oil prices continue to seek direction as they didn’t do much during most of the week with no clear trend. by the end of the week, Brent oil price added 0.32% to its value, and WTI spot oil inclined…
Recommended posts for the weekend – July 16
The week ended with energy commodities prices rising, and bullion metals prices reaching new highs; the week also ended with news that the US CPI in June declined by 0.2%; the Fed chairman Bernanke testified in house of representatives and…
Gold silver oil and natural gas finished the week rising –July 15
Major commodities prices finished the week rising, this includes gold and silver prices among the precious metals prices and crude oil and natural gas prices among the energy commodities prices. Here is a summary of the price movements of precious…
US inflation fell by 0.2% in June – July 15th
In the recent report of the Bureau of Labor Statistics, the US inflation for June 2011 declined by 0.2% or in annual terms it rose by 3.6%. The prime reason for the decrease was related to the drop in…