The prices of oil (both WTI and Brent) changed course and tumbled down during most of last week: WTI fell by 4.66%; Brent oil, by 5.36%. As a result, the gap between the Brent oil and WTI shrank again to…
Oil Weekly Outlook For April 8-12
Category: Crude Oil
Gold and Nat Gas Bounced Back on Friday – Recap April 5th
Major commodities traded in a mixed trend again on the last business day of the week: the price of Brent oil and WTI oil decreased again on Friday; natural gas Henry Hub future (short term delivery) rallied yesterday; silver and…
U.S Employment Rose by Only 88k in March | Gold & Silver Rally
The U.S. employment rose by a lower than many had anticipated – based on ADP estimate, the non-farm payroll rose by 158k during March: According to the recent U.S. employment report, which was published today, April 5th by the Bureau…
Will This Caterpillar Continue Crawling Down?
Shares of Caterpillar (NYSE: CAT) have tumbled down in recent weeks by more than 15%. The recent downgrade of the company by Goldman Sachs isn’t likely to pull up Caterpillar’s stock. Does this mean Caterpillar is facing dire times ahead?…
Oil and Silver Declined Again on Thursday – Recap April 4th
The prices of major commodities mostly declined again on the penultimate business day of the week: the price of Brent oil and WTI oil declined on Thursday; natural gas Henry Hub future (short term delivery) bounced back yesterday; silver and…
Gold Oil and Silver Plummeted on Wednesday – Recap April 3rd
The rates of major commodities tumbled down again on the third business day of the week: the price of Brent oil and WTI oil sharply fell on Wednesday; natural gas Henry Hub future (short term delivery) also declined yesterday; silver…
Gold and Silver Tumbled Down on Tuesday – Recap April 2nd
The prices of major commodities mostly declined rates on the second business day of the week: the price of Brent oil declined while WTI oil edged up on Tuesday; natural gas Henry Hub future (short term delivery) decreased yesterday; silver…
Gold and Brent Oil Rallied on Monday – Recap April 1st
The leading commodities rates moved in an unclear trend again on the first business day of the week: the price of Brent oil rallied while WTI oil decreased on Monday; natural gas Henry Hub future (short term delivery) declined again…
Weekly Outlook of Financial Markets for April 1-5
The prices of energy commodities including crude oil and natural gas rallied last week while precious metals slipped. The developments in the forex markets including the whole Cyprus bailout didn’t seem to affect the commodities markets and didn’t raise the…
Oil Weekly Outlook For April 1-5
During last week, the prices of oil (both WTI and Brent) rallied: WTI rose by 3.76%; Brent oil, by 2.2%. As a result, the difference between the Brent oil and WTI contracted again to its lowest level since July 2012;…