Category: Crude Oil

China’s inflation rate rose by 5.3% during April

According to the Statistics Bureau in Beijing, the Consumer Price index of China inclined during April by 5.3% (Y-2-Y). This inflation rate is above the expectations of China’s government target inflation rate of annual increase of 4%. At the current…

Crude Oil Prices Daily Outlook 10 May

Following the rapid falls in crude oil prices during last week, oil prices bounced back with moderate rises yesterday and are currently continue to moderately rise. What is headed for oil prices today? Let’s examine the recent news related to…

CME raised the margin on crude oil contracts

In an attempt to curb the rising instability in the crude oil market, The Chicago Mercantile Exchange (CME group) raised the margin required for investors to trade U.S. crude oil futures by 25% to be affected as of the close…

Armed forces conquered Syrian city Banias

The situation in Syria only continues to escalate: yesterday Syrian armed forces including tanks conquered the Syrian city of Banias, located in the northern part of Syria, and attacked the protesters against the current ruling of President – Bashar al-Assad.…