The major currencies including Euro to US dollar conversion rate and Australian dollar /US dollar due to speculation over these economies’ progress. The Euro to US dollar conversion rate is declining probably due to the speculation around the economic recovery…
Category: Crude Oil
Oil prices daily outlook 23 May
Crude oil prices started off the first day of the week with moderate falls, after they rose on Friday. Let’s examine the recent news related to crude oil trading for today, May 23rd: Crude oil prices – May update On…
Weekly outlook for May 23-27
Here is an economic news calendar for the week of May 23rd to 27th that highlights the main news items and reports related to US, Japan and Europe. (all times GMT): Monday 23rd of May 06.00 – Bank of Japan…
Oil prices didn’t move much last week – Weekly recap 16-20 May
Crude oil prices, just like other major commodities’ prices, continue to slow down in the level of change during last week; as a result, oil prices didn’t present a clear upward or downward trend; this might be due to the…
Oil and gold finished the week rising – Daily Recap May 20
The week has ended with major commodities rising and thus crude oil and gold finished a week long of rises and falls and no clear trend. Here is a summary of the main price changes in energy commodities and precious…
Recommended posts for the weekend – May 21
The debt crisis in Europe is among the major news that ended the week including the bailout funds that Portugal received from the IMF. Here are several recommended posts you may find interesting, some of them refer to the European…
Oil prices daily outlook 20 May
Crude oil prices started off the last day of the week with moderate changes after they declined yesterday. Let’s examine the recent news related to crude oil trading for today, May 20th: Crude oil prices – May update …
Gold silver and oil declined yesterday – Daily Recap May 19
Major commodities continue to zigzag as they have fallen yesterday despite the rises from a day earlier. Here is a summary of the main price changes in commodities and precious metals for May 19th: Oil and Gas prices: Spot oil…
U.S. initial claims fell last week May 19
The U.S. jobless claims report was published today and showed a decline in initial claims by 29,000 for the week ending on May 14th, as it reached 409,000 claims; the insured unemployment rate remained unchanged at 3.0% for the week…
Oil prices moderately decline – Oil daily outlook 19 May
Crude oil prices inclined yesterday despite their falls during most of May; oil prices are currently traded with moderate falls but as the day will progress you may see shifts in direction. Let’s examine the recent news related to…