Category: Crude Oil

U.S. Manufacturing PMI Index Fell to 49.5%

Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index declined to 49.5% during November 2012. The U.S. Manufacturing PMI is an index estimating the economic development of the U.S. manufacturing sectors;…

Oil Weekly Outlook For December 3-7

During last week, crude oil prices moved with an unclear trend. According to the recent EIA report, the oil stockpiles fell again by 1.4MB. During last week, WTI oil rose by 0.71%; Brent oil slipped by 0.13%. As a result,…

Weekly Outlook of Financial Markets for December 3-7

During last week, major commodities were traded in a mixed trend: oil prices edged up while precious metals and natural gas declined. The high volatility in some commodities prices during last week might continue this week as there are many…

Crude Oil Prices – Weekly Recap November 26-30

Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles slightly declined according to the recent EIA report. The gap between Brent and WTI slightly remained at the…