The war in Libya is still far from over, and the uprising in the Middle East in countries such as Syria and Yemen is progressing, and yet for most of the week crude oil prices didn’t do much and moderately…
The week ended on a high note as major commodities including crude oil, gold and silver. For silver it even passed the 40 USD mark – its highest level since February 1980 (in London trade). On the other hand, natural…
The recent European Central Bank decision to raise the Euro Area interest rate came with little surprise. What does this decision mean to the financial markets and in particular the commodities market? The European Central Bank convened yesterday in Frankfurt,…
Crude oil prices started to rise again: yesterday WTI spot oil price increased by 1.35% while Brent oil rose by 0.61%. Current oil prices are rising in Europe with WTI crossing the 110$/b mark. Let’s examine the main news for…
The same trend that was on Wednesday continued on yesterday, crude oil prices (WTI and Brent oil) inclined; gold and silver prices also continue to increase; natural gas spot price (Henry Hub) declined for the second straight day. Here is…
The Petroleum stocks didn’t change much during last week, according to recent EIA report. The crude oil prices continue to zigzag with no clear trend and yesterday WTI spot and May delivery futures moderately inclined, while Brent oil moderately declined.…
This week’s EIA oil report provides an analysis about the high prices of Jet fuel. Currently the premium of Jet fuel prices over Brent oil has reached its highest level since mid 2008. Here is a summary of the main…
Yesterday, crude oil prices (WTI and Brent oil) moderately inclined; gold and silver prices continue their rally; natural gas spot price (Henry Hub) continues to zigzag as it declined yesterday. Here is a short summary of the price changes in…
The speculations around the European Central Bank meeting tomorrow rises: the ECB will need to deicide tomorrow to raise or not its Interest rate which is currently at 1%. The rate remained at this level since June 2009. These speculations…
Crude oil prices didn’t do much yesterday and there is still little changes in Brent and WTI oil prices. The premium of Brent oil over WTI remains around the 10-14$/b as it did in recent weeks. Will this apparent ease…