Category: Crude Oil

Weekly Outlook of Financial Markets for December 17-21

During last week, major commodities continued their downward trend including oil, natural gas, silver and gold. The recent decision of the FOMC to expand QE3 by purchasing $45 billion of long term treasuries on a monthly basis starting January 2013…

Oil Weekly Outlook For December 17-21

During last week, crude oil prices bounced back and slightly rose along with many “risk currencies” such as Euro, Canadian dollar and Aussie dollar. According to the recent EIA report, the oil stockpiles increased again by 5.9MB. During last week,…

Crude Oil Prices – Weekly Recap December 10-14

Crude oil prices changed direction and rose during last week. The U.S stockpiles increased according to the recent EIA report. The gap between Brent and WTI remained at the range between $20 and $22 during last week. Brent increased by…

Euro and Oil Rallied on Friday – Recap December 14th

Many commodities prices remained nearly unchanged on the last business day of the week: WTI and Brent oil prices bounced back on yesterday; the prices of gold and silver remained virtually unchanged on Friday; natural gas Henry Hub future (short…

U.S PPI Fell by 0.8% in November – December Report

According to the recent producer price index monthly report, which was published yesterday, the PPI for finished goods fell again by 0.8% in November compared with October’s index. This report serves as an indicator for the developments in the U.S…