As all eyes continue to closely watch how and when the Egyptian turmoil will subside, , investors already speculate how the protests will affect, if any, major energy commodities and the crude oil price. Let’s examine what is the current…
Category: Crude Oil
Natural gas prices rise due to cold weather – February 3
Natural gas spot price increased yesterday, mainly due to the cold weather in the US; Gold and silver prices continue to zigzag as they inclined yesterday; crude oil price fell after it inclined on Wednesday. Let’s quickly review the changes…
Petroleum stocks keep on rising – February 3
In the recent EIA energy report, which was published yesterday, and pertaining crude oil price and petroleum stocks, there is an analysis of the major producers and refineries of oil financial reports for the third quarter of 2010. The main…
Oil and gas prices rise, each for different reason – February 2
Oil and Gas prices rose yesterday, however each of these commodities inclined for a different reason. Gold and silver prices continue to zigzag as they declined yesterday. Today the EIA will publish its report on natural gas storage and consumption.…
Brent oil price continues rally while WTI oil declines – February 1
Following the news from Egypt in which President Hosni Mubarak announced he won’t seek another term in presidency, it seems that the pressure in the energy markets has subsided a bit as WTI crude oil price declined, while Brent oil…
Oil prices continue rally on Egyptian protest –January 31
The latest news from Egypt is that later on today a huge protest in Cairo will be held. The purpose of the rally is to demand from the President Hosni Mubarak to step down from his presidency. In preparations for…
How not to speculate on the WTI and Brent oil spread
In crude oil price, there is an ongoing rise in the gap between WTI and Brent oil spot. An investor should watch out for the pitfalls when trying to profit from this spread. I will present here a couple of…
Egyptian protest will continue, anticipating gains in oil prices – January 31
The Egyptian riots have subsided over the weekend, however they are planed to renew tomorrow with a big protest. On Friday, crude oil price rose by several percent points. The protest tomorrow will probably set the tone for the rest…
Weekly outlook for Crude oil, Natural gas and Gold 31 Jan-4 Feb
Here is a weekly outlook for the week of January 31st to February 4th showing the news items and reports that will be published this coming week mainly related to the US, Canada and EURO economies. In addition, to the…
Oil prices rise due to Egypt riots – Weekly recap January 24-28
Crude oil price continued to fall all through the last week, up to the weekend, in which the riots in Egypt started to escalate. This news caused crude oil price to rise sharply. Here is a weekly recap for January…