Category: Crude Oil

Is Wall Street Behind the Housing Rally?

The ongoing recovery of the housing market raised the concern that we are heading towards another bubble that could burst in the near future. In a recent article in the New York Times, the authors made the argument that big…

Gold and Euro Rallied on Monday – Recap June 10th

Leading commodities were traded in a mixed trend on the first business day of the week: Brent and WTI oil slipped on Monday; natural gas Henry Hub future (short term delivery) also moderately decreased yesterday; silver and gold bounced back…

Oil Weekly Outlook for June 10-14

The prices of crude oil (WTI and Brent) changed direction and bounced back during last week: WTI increased by 4.41%; Brent oil, by 4.15%. As a result, the gap between the Brent oil and WTI remained virtually flat; the gap…

Weekly Outlook of Financial Markets for June 10-14

Major commodities including natural gas, silver and gold slipped during last week. The latest decision of ECB to leave its cash rate unchanged helped pull up the Euro and bullion rates. But the latest U.S employment report, in which 175k…

Weekly Outlook of Financial Markets for June 3-7

Major commodities including oil, silver and natural gas changed direction and fell during last week. Equities markets cooled down while the forex markets didn’t have a clear trend during last week. Will this unclear trend persist? In the upcoming week…

Oil Weekly Outlook for June 3-7

The rate of crude oil (both WTI and Brent) tumbled down again during last week: WTI decreased by 2.32%; Brent oil fell by 2.19%. As a result, the difference between the Brent oil and WTI remained nearly unchanged; the gap…