According to the recent January report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for December, the OPEC oil production inched down again during December compared with November’s oil production.…
Major commodities moved in an unclear trend on the second business day of the week: the price of Brent oil and WTI oil changed direction and declined; the prices of gold and silver increased again on Tuesday; natural gas Henry…
Retails and foods services sales rose again for the second consecutive month, during December 2012 by 0.5% compared with November’s sales and were also above the sales at December 2011. The U.S. Department of Commerce (pdf file) published yesterday its…
Most commodities changed direction from Friday and bounced back on the first business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also increased on Monday; natural gas Henry Hub…
The recent decision of ECB to keep the short term interest rates unchanged along with Mario Draghi’s reassuring speech about the future progress of the EU in 2013 may have helped rally not only commodities prices but also the Euro/USD…
During last week, crude oil prices remained nearly unchanged. According to the recent EIA report, oil stockpiles rose by 10.9MB. During last week, WTI oil rose by 0.5%; Brent oil declined by 0.6%. As a result, the gap between the…
Crude oil prices remained nearly unchanged during last week. The U.S stockpiles changed direction and rose according to the recent EIA report. The gap between Brent and WTI contacted again to a range between $17 and $19 during last week.…
Most commodities shifted gear again and declined on the last business day of the week: the price of Brent oil and WTI oil declined; the prices of gold and silver also fell on Friday; natural gas Henry Hub future (short…
Major commodities changed direction again and rallied on the fourth business day of the week: the price of Brent oil and WTI oil rose; the prices of gold and silver also spiked on Thursday; natural gas Henry Hub future (short…
As many had anticipated the ECB left the Euro interest rate unchanged at 0.75%. In the recent ECB monetary policy meeting Mario Draghi stated there are still challenges the EU will have to face but it may start to show…