Yesterday, gold and silver prices continue their rally; crude oil prices (WTI) moderately declined, while Brent moderately inclined; natural gas spot price (Henry Hub) bounced back from yesterday’s fall. Here is a short summary of the price changes in major…
China continues to fight its growing inflation and tries to slow down the economic activity by raising its interest rate. What does it mean for the energy market, especially crude oil prices? China’s central bank recently announced it will raise…
Crude oil prices moderately inclined yesterday and thus the unclear trend for oil prices continue. Current oil prices are moderately declining. Let’s examine the main news for today, April 5th that might affect the crude oil markets. Libyan conflict…
Following the 4.9 million barrels of oil spill in the Gulf of Mexico last summer by BP, it was reported by the New York Times that BP is seeking to resume its deep ocean drilling in the Gulf of Mexico.…
Yesterday, there were moderate price changes for major commodities as crude oil prices (WTI and Brent) moderately inclined; natural gas spot price (Henry Hub) declined; and precious metals’ prices including gold and silver prices rose. Here is a short summary…
Crude oil prices started April with moderate rises; the main news from last week, including the ongoing war in Libya and the recent US Labor report had little to no affect on oil prices. Current oil prices are moderately rising.…
The energy market presented many fluctuations during March. I will shortly present the main characteristics of crude oil prices (WTI and Brent oil) during March, and will ask what will be next for crude oil prices in April 2011? The…
Japan’s turmoil – update The concerns around the disaster by the meltdown in the nuclear reactor in Fukushima continue: there are now reports of leaks of radioactive water from core number 2 to the sea. The company Tokyo Electric Power Co is…
Here is a weekly forecast for April 4th to 8th presenting the main news items, reports and events scheduled for this week related to US, Canada, Australia and Europe. During the upcoming week, Trading Energy will continue to update on…
The Libyan war progresses and the uprising the Middle East is far from over, and yet during last week there were moderate changes in crude oil prices for most of the week (see here for more on these news and…