The crude oil market took another step forward during April as oil prices rose compared to March by 6 to 7%. I will shortly present the main changes in crude oil prices (WTI and Brent oil) during April, and refer…
Here is an economic news calendar of weekly outlook for May 16th to 20th that highlights the main news items and reports related to US, Canada, Japan, Europe and Australia. (all times GMT): Monday 16th of May 10:00 – Euro…
According to the recent report by Eurostat, the preliminary estimates of the Euro Area and EU27 GDP growth rate in first quarter of 2011 was only 0.8% (seasonally adjusted) compared to the previous quarter (Q-2-Q). In annual terms the Euro…
Following the declines in crude oil prices two weeks back, during last week oil prices (WTI spot oil, future and Brent oil) didn’t do much and ended the week at a similar level they have started off. The turmoil in…
The many shifts and fluctuations in the financial markets including the commodities markets have ended. Here are several recommended posts you may find interesting: In forexcrunch, Yohay reviews the commodities markets in May – past and present; Mad Hedge…
The commodities market finished the week with crude oil prices (WTI spot oil and Brent oil) rising, while gold prices finished falling. Here is a summary of the changes in commodities and precious metals for May 13th: Oil and Gas…
In the recent report by the Bureau of Labor Statistics, the US inflation for April 2011 inclined by 0.4% or in annual terms by 3.2%. The report showed, as expected, a rise in major commodities prices in particular the…
The commodities market continue to stir up with no clear direction; yesterday the markets closed with moderate fall in silver prices, and rises in gold and crude oil prices (WTI spot oil and Brent oil). Here is a summary of…
The zigzag in crude oil prices during this week only shows of the many factors that affect them, and the high speculation that surrounds the financial markets; Let’s examine the recent news related to the crude oil market for…
The recent Energy Information Administration petroleum report examined the relationship between the retail gasoline prices and the NYMEX Harbor reformulated gasoline before oxygenate blending (RBOB) futures prices. Here is a weekly review of the EIA petroleum report regarding crude oil…