The Middle East is heating up… The Egyptian riots are renewed despite the steps taken by President Hosni Mubarak after his speech. As a result crude oil price sharply rose during the last day of the week, gold and silver…
Here is a daily recap for January 27th of the major energy commodities market and the precious metals market; most energy commodities fell yesterday, and precious metals also moderately decreased: Oil and Gas prices: Crude oil price (WTI spot) after…
The EIA analyzes in its recent weekly report on crude oil price and petroleum stocks, the transportation sector in the US. According the report, the transportation sector accounted for 72% of the total petroleum demand in 2009, and all things…
Here is a daily recap for January 26th of the major energy commodities market and the precious metals market; most energy commodities rose yesterday, and precious metals also moderately increased: Oil and Gas prices: Crude oil price (WTI spot) broke…
Crude oil price (WTI and Brent) fell yesterday and will probably continue to do so as the week will progress. Today the EIA will issue its weekly report on petroleum stocks. Here is the main news pertaining crude oil price:…
Here is a daily recap for January 25th of major energy commodities market and precious metals market, as both markets showed weakness yesterday: Oil and Gas prices: Natural gas spot price (Henry Hub) fell yesterday by nearly 6 %(!!) –…
There are many analysts who consider crude oil price as a good indictor for changes in the stock market trend such as the S&P500. There are three reasons to question this paradigm: Low correlation: if you consider the monthly percent…
The penultimate week of January starts off with crude oil price (WTI and Brent) decreases, the same goes for silver prices, while gold price moderately rise; natural gas spot price (Henry Hub) remain unchanged while future price and NY city…
Here are a several articles related to silver prices and crude oil price to start off your week: Izabella Kaminska talks about the correlation trading related between S&P and WTI crude oil price. TOM WHIPPLE asks if there is an…
Here is a weekly outlook for the week of January 24th to 28th showing the news items and reports that will be published this coming week mainly related to the US, Australia, Japan and EURO economies. This forecast shows how…