Based on the recent producer price index monthly update, which was published yesterday, the PPI for finished goods changed course and rose by 0.2% in January compared with December’s index. This report serves as an indicator for the developments in…
Many commodities traded in a mixed trend again on the first business day of the week: the price of Brent oil declined while WTI oil rose on Tuesday; natural gas Henry Hub future (short term delivery) changed direction and spiked…
Shares of BP plc (NYSE:BP) haven’t perform well during the year. The 2010 oil spill kept the company’s stock from rising. The negative PR the company endured also didn’t help BP’s stock to recover. Is this company out of woods? Has…
Major commodities prices including natural gas, gold and silver tumbled down last week; major currencies pairs including the Euro/USD and Aussie dollar/USD slightly declined in the previous week. Will this trend continue next week? In the forthcoming week several reports,…
During last week, crude oil price (WTI) remained virtually unchanged while Brent oil was traded down: WTI oil edged up by 0.15%; Brent oil declined by 1.04%. As a result, the gap between the Brent oil and WTI contracted; the…
Crude oil price changed direction and fell during last week. The U.S stockpiles slightly rose according to the recent EIA report. The difference between Brent and WTI has widened to a range between $19 and $23 during last week. Brent…
Many commodities mostly traded down again on the last business day of the week: the rates of Brent oil and WTI oil declined on Friday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver…
Many commodities prices mostly traded down on the penultimate business day of the week: the price of Brent oil slipped while the WTI oil rallied on Thursday; natural gas Henry Hub future (short term delivery) changed direction and tumbled down…
Since the beginning of the year the price of oil resumed its upward trend. Will this rally continue? Or will oil prices come down soon? What could explain the recent rise in oil prices? Let’s examine the recent developments in…
Many commodities prices traded in a mixed trend on the third business day of the week: the price of Brent oil inched up while the WTI oil declined on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday;…