During last week, crude oil remained nearly unchanged, which coincided with the mixed trend in the forex markets. The recent tensions in the Middle East didn’t seem to directly affect the oil market for now. According to the recent EIA…
Crude oil prices shifted with an unclear trend during the week. The low volatility in the oil market was also the case for other commodities such as gold and in the forex markets. The difference between Brent and WTI remained…
Many commodities were traded with a mixed trend on the last business day of the week: WTI oil and Brent oil changed direction again and rallied yesterday; the prices of silver and gold moved in different directions as gold edged…
The Prices of crude oil declined during most of the week so far. The latest EIA update shows the oil stockpiles decreased in the U.S during last week. The petroleum and oil weekly update by Energy Information Administration shows an…
Many commodities were traded mostly down on the penultimate business day of the week: WTI oil and Brent oil changed direction again and fell yesterday; the prices of silver and gold also decreased on Thursday; natural gas Henry Hub future…
Many commodities were traded up on the third business day of the week: WTI oil and Brent oil changed direction and rose yesterday; the prices of silver and gold also increased on Wednesday; natural gas Henry Hub future (December delivery)…
The Bureau of Labor Statistics came out today with its recent report of the U.S CPI for October 2012. According to the recent update, the consumer price index edged up by 0.1% after it had increased by 0.6% in the…
Today, the eleventh survey of 2012 for the Philly Fed Manufacturing Index for November was published. This survey projects the U.S. manufacturing conditions. According to the recent survey the conditions have worsen. Further, the index turned negative; the Philly Fed…
Many commodities were traded down again on the second business day of the week: WTI oil and Brent oil declined again; the prices of silver and gold also fell on Tuesday; natural gas Henry Hub future (December delivery) hiked on…
According to the latest producer price index monthly report, which was published today, the PPI for finished goods changed direction and edged down by 0.2% in October compared with September’s index. This report serves as an indicator for the changes…