Category: Crude Oil

Is Chesapeake Regaining Our Confidence?

Chesapeake Energy Corporation (NYSE: CHK) came a long way during 2012. Its cash flow problem that led the company to take a $4 billion loan resulted in a rise in the company’s probability of default; it also raised investors’ concerns…

Oil Weekly Outlook For February 25 – March 1

During last week, crude oil prices (WTI & Brent) changed pace and tumbled down: WTI decreased by 2.85%; Brent oil, by 3.78%. As a result, the gap between the Brent oil and WTI shrunk; the difference between Brent and WTI…

Oil Prices – Weekly Recap February 18-22

Crude oil price declined again during last week. The U.S stockpiles slightly fell according to the latest EIA report. The difference between Brent and WTI has contracted to a range between $21 and $22 during the previous week. Brent declined…

Philly Fed Index Declined Again to -12.5 in February

Yesterday, the second survey for 2013 of the Philly Fed Manufacturing Index for February came out. This survey projects the U.S. manufacturing conditions. Based to the recent update the conditions have deteriorated again. Moreover, the index remained negative; the Philly…