Crude oil price (WTI), as expected, increased yesterday by 1.39% for WTI and 2.06% for Brent spot price. Yesterday’s price increase breaks the decline crude oil price has experienced last week as WTI fell by 3.8% and Brent spot price…
There are two news items worth reviewing that developed over the weekend, and could influence crude oil price, especially WTI price and push it higher today. Let’s check them out: Crude oil price today – 10 January The Canadian oil…
The second week of 2011 is underway, here is a weekly outlook for the week of January 10th to 14th showing the news items and reports that will be published this coming week mainly related to the US, Australia and…
Last week the Bureau of Labor Statistics published the U.S. employment situation report for the month of December 2010. The report shows an improvement in the labor stats in the U.S. as the unemployment rate fell by 0.4 percent point…
Last week there was a downward trend in crude oil price and natural gas spot price (except for New York City Gate Spot) as I will present in this weekly recap analysis of major energy commodities for the week of…
Crude oil price (WTI), continues to fall for the second straight day as it decreased yesterday by a moderate 0.4%. For natural gas spot price there is an ongoing decline for the Henry Hub spot price, yesterday by over 1%…
Crude oil price (WTI), continues to zigzag as it rises for one day and falls in the next. Yesterday, it fell by over 2% after it had risen by over 1% in the previous day. Bloomberg considers yesterday’s crude oil…
Here is a weekly review on crude oil stocks for the last week of the year 2010: Crude oil Stocks of the passing week: According to the recent EIA report, crude oil stocks continue to fall as the winter progresses…
Yesterday, Crude oil price (WTI), after falling sharply on Tuesday by over 2.3%, it bounced back with a 1% increase reaching 90.3 USD/b. The picture is different for natural gas prices: The natural gas spot price (Henry Hub) after rising…
As part of my series reviewing energy commodities in 2010, I present here the main changes that occur to crude oil price (WTI spot price) during 2010, and show what could affect crude oil price in 2011. Crude oil price…