Following the short week, here is a weekly outlook for May 2nd to 6th that highlights the main news items and reports related to US, Canada, Europe and Australia. During the upcoming week, Trading Energy will continue to report and…
Category: Crude Oil
Gaddafi’s son was killed in NATO bombing
The recent news related to the instability in the Middle East comes from Libya, as it was reported that tonight Gaddafi’s compound in Tripoli, Libya was bombed by NATO aircrafts. As a result of the air strike Gaddafi’s youngest son…
Recommended posts for the weekend – April 30
Here are several recommended posts from different sites for the weekend I thought are interesting for reading, enjoy: In forexcrunch, Yohay analyzes the recent changes in the EURO/USD exchange rate; Is Natural gas to make a comeback? This is…
Obama approved sanctions on Syrian officials
It’s reported that Obama has approved a list of sanctions against Syrian officials as the US is opposing the current bloodshed in Syria. There are reported of dozens of civilians killed in the southern city of Daraa due to open…
Major commodities finished the week rising – April 29
The week finished with gold and silver prices rising, along with most of the other major commodities including crude oil prices and natural gas spot prices. Here is a summary of the changes in commodities and precious metals for…
Oil prices outlook 29 April
Let’s examine the oil market for the last day of the week as current crude oil prices are traded with moderate rises. Here are main news items for today, April 29th: Crude oil prices during April Up to yesterday, April…
Major commodities show rises for second straight day – April 28
Gold and silver prices continue to break new grounds as they have reached their highest price levels in April. Crude oil prices continue to moderately change with no clear trend and natural gas prices keep on rising. Here is a…
U.S GDP grew by only 1.8% in first quarter 2011
The U.S. Bureau of Economic Analysis reported that the U.S. GDP annual growth rate rose by 1.8% in annual terms during the first quarter of 2011. This is an early estimate of the growth rate that might change in the…
Oil prices outlook 28 April
Oil prices remain high and show moderate changes as their volatility fell in the last couple of weeks. Let’s examine the main news items related to the energy market including the recent events in the Middle East and US that…
Petroleum stocks bounced back with a moderate rise – April 28
In the recent Energy Information Administration petroleum report, there is an analysis of the shift in the US oil production that has been rising for the past couple of years, after it had been declining in the last couple of…