Category: Crude Oil

U.S. New Home Sales Rose in March 2013

The U.S. Census Bureau reported (opens pdf) today on the developments in number of new homes sold in the U.S during March 2013: the number of new homes sales declined compared with the number of new homes sold during February…

Weekly Outlook of Financial Markets for April 22-26

Last week was characterized with high volatility, in which gold and silver fell precipitately, other commodities such as oil also fell, the Euro and Aussie dollar depreciated against the USD and natural gas spiked. The upcoming week might not be…

Oil Outlook for April 22-26

The prices of crude oil (both WTI and Brent) resumed their downward trend during most of last week: WTI fell by 3.6%; Brent oil, by 3.36%. As a result, the gap between the Brent oil and WTI slightly contracted again…

Oil Weekly Outlook for April 15-19

The prices of oil (both WTI and Brent) declined again during most of last week: WTI decreased by 1.52%; Brent oil, by 0.97%. As a result, the gap between the Brent oil and WTI contracted again to its lowest level…