The rally of major commodities in the past couple of days has come to a stop as crude oil, gold and silver declined yesterday. for the second straight day including crude oil, gold and silver. Here is a summary of…
Today’s U.S. jobless claims weekly report was published and showed an increase in initial claims by 10,000 for the week ending on May 21st, and it reached 424,000 claims (seasonally adjusted data); the insured unemployment rate declined by 0.1 percent…
According to Reuters, Libya’s Gaddafi is seeking a cease fire agreement with the rebels and the NATO. Spain is among the countries that are reported to receive the ceasefire offer. It doesn’t seem that the offer will be excepted by…
Crude oil prices have enjoyed from a rally in the last couple of day. Will this rally continue? The current status in the commodities markets show that crude oil prices are traded down. What is stimulating the recent rally? Let’s…
The rally of major commodities continued for the second straight day including crude oil, gold and silver. This recent rally is probably stem, in part, by the speculation around the future prices of crude oil and gold, as Goldman Sachs…
The Energy Information Administration petroleum published its weekly report about the crude oil market in the US. It also has an analysis about the decline in US’s net import of crude oil: imported oil fell from 60.3% in 2005 to…
Crude oil prices are currently trading up, as they did yesterday. What is next for oil today? Let’s examine the recent news related to crude oil trading for today, May 25th: Crude oil prices – May update Yesterday, May 24th,…
Yesterday, most of the major commodities finished the day with rises, including the precious metals and energy commodities. Here is a summary of the main price changes in energy commodities and precious metals for May 24th: Precious Metals prices: Gold…
Crude oil prices started off the week with falls, as the speculation around the supply and demand side is high. Let’s examine the recent news related to crude oil trading for today, May 24th: Crude oil prices – May…
The penultimate week of May started off with rapid falls for crude oil prices, along with moderate falls for silver prices; on the other hand, gold and natural gas prices inclined. Here is a summary of the main price changes…