The month of April started off with rises for crude oil prices (WTI and Brent); natural gas spot price (Henry Hub) also increased; however precious metals’ prices including gold and silver prices decreased. Here is a short summary of the…
The US’s employment report was published today, April 1st by the Bureau of Labor Statistics published about the March 2011. According to the recent report, the number of non-farm employees increased by 216,000. The rise was mainly in the service-providing industries…
Crude oil prices closed the month of March with rises partly might be due to the expiry of the April futures. Current oil prices are moderately rising. Here’s the main news items relates to the crude oil market for April…
Yesterday, many commodities closed March with rises: crude oil prices (WTI and Brent) inclined to their weekly high; natural gas spot and future prices (Henry Hub) also increased; and the same goes for precious metals’ prices including gold and silver…
Crude oil prices moderately declined yesterday. This is part of the “no-trend” oil prices have been demonstrating this week. Current oil prices are moderately rising, but will this trend continue throughout the day? Here’s the main news items relates…
In this week’s EIA oil report there is an interesting analysis about the oil disruption in Middle East mainly in Libya and a review of similar situations from the past, in which there was a disruption in a country’s oil…
Yesterday, March 30th crude oil prices (WTI and Brent) continue to zigzag with no clear trend; natural gas spot price (Henry Hub) also fell, while precious metals’ prices including gold and silver prices bounced back with moderate rises. Here is…
Today, March 30th, Syrian President Bashar al-Assad addressed the protests in Syria for the first time. He said he will implement politic changes that will benefit Syria, but he won’t rush into them. Assad also accused Israel and the US in…
Japan’s turmoil – update The high radiations continue to rise and spread in Japan as reported by CNN, due to the nuclear meltdown in the nuclear reactor in Fukushima. There is a Q&A report in CNN that present the main address the…
Crude oil prices zigzagged in the past couple of days with no clear trend as the oil market’s volatility substantially declined in the past several business days, what will be next for oil prices? Here’s the main news items relates…