The recent reports from Yemen are that President Ali Abdullah Saleh is to resign within a month in exchange for immunity against any future prosecution. The opposition has yet to agreed in fully for to terms of Saleh’s resignation; however…
Category: Crude Oil
Unrest in Syria and Libya – update
There are reports of over 88 people dead in the violent protests in Syria that took place in many cities across Syria yesterday, Friday 22nd of April. The protests were against the regime of Syrian President – Bashar al-Assad. US…
Violent protests in Syria
The instability in the Middle East took another turn as there were violent protests in Syria following the Friday prayer. There are early reports of 49 people who died during the protests that took place in all over Syria as…
Gold passed 1500$, Silver passed the 46$ mark – April 21 daily recap
The rises in major commodities continued yesterday as crude oil prices (WTI spot and Brent oil) moderately inclined; gold price passed the 1,500$ mark, while silver price passed the 46$ mark; and finally natural gas spot prices (Henry Hub) remained…
Oil prices outlook 21 April
Oil prices finished yesterday with high rises, after they haven’t shown much of change in the last couple of months. Let’s try and figure out what is installed for us today. Here are main news items for today, April 21s…
Petroleum stocks keep on falling – EIA review April 21
In this week’s Energy Information Administration petroleum report, there is a review of the fuel taxes on a federal and state level in the U.S. It is shown that there has been a rise in the federal tax on gasoline…
Major commodities finished the day rising – April 20 daily recap
A big day was yesterday for major commodities as oil and gas prices rose along with precious metals prices; Crude oil prices (WTI spot and Brent oil) inclined; and natural gas spot prices (Henry Hub) bounced back yesterday with a…
Oil prices outlook for 20 April
Oil prices continue to zigzag with no clear trend as WTI spot oil moderately inclined yesterday, while Brent oil moderately inclined. It seems as if the market is waiting for breaking news to affect the direction of oil prices. Let’s…
Silver prices nearing the 44$ mark – April 19 daily recap
The second day of the week continues with silver and gold prices rising as silver price is nearing the 44$ mark. Crude oil prices (WTI spot) moderately inclined while Brent oil declined; and natural gas spot prices (Henry Hub) continue…
Unrest in Middle East progresses
There are reports that up to now the conflict in Libya caused the death of over 10,000 people, over 55,000 harmed and nearly 10,000 refuges have fled to Tunisia. The fighting in Libya started during the middle of February and…