Retails and foods services sales changed direction from last month and declined by 0.3% in October 2012 compared with September’s sales but were above the sales at October 2011. This news may have contributed to the rise in gold and…
Many commodities were traded down on the first business day of the week: WTI oil and Brent oil slightly declined; the price of silver edged down while gold remained unchanged on Monday; natural gas Henry Hub future (December delivery) changed…
During last week, major commodities prices zigzagged with high volatility; this includes oil, silver and gold. The U.S Presidential elections are over. In the 2008 elections the prices of commodities also shifted with high volatility during the week of the…
During last week, crude oil changed direction and rose, which coincided with the modest depreciation of the USD against the Yen and Aussie dollar. The oil stockpiles rose by 0.7MB. During last week, WTI oil rose by 1.43%; Brent oil,…
Crude oil prices zigzagged during the week but by the end of the week they have ended higher than their price from the beginning of the week. The recent Presidential elections are over, but during last week it may have…
According to the recent November report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for October, the OPEC oil production slightly decreased again during October compared with September’s oil production…
Many commodities traded mostly up on the last business day of the week: WTI oil and Brent oil rose for the second consecutive day; the prices of silver and gold also increased on Friday; natural gas Henry Hub future (November…
The price of oil zigzagged in the past several days due to the high uncertainty in the markets with respect the U.S Presidential elections. Now that the elections are over, oil traders could focus on the fundamental changes in the…
Many commodities bounced back and were traded up on the penultimate business day of the week: WTI oil and Brent oil bounced back on Thursday; the prices of silver and gold also rose after they had declined a day earlier;…
The Presidential elections are over and the market shifted from gains to losses. Many commodities were traded sharply down on the third day of the week: WTI oil and Brent oil plummeted on Wednesday; the prices of silver and gold…