The Prices of crude oil changed direction and after they had increased on at the beginning of the week, on Wednesday they have tumbled down. The recent EIA report show the oil stockpiles slightly increased in the U.S. The petroleum…
The Presidential elections are over with President Obama was voted into a second term in office. The recent elections may have contributed to the sharp gains in commodities prices. Many commodities were traded sharply up again on the second day…
Many commodities were traded up on the first day of the week following the recent tumble in their prices on Friday: WTI oil and Brent oil rose on Monday; the prices of silver and gold also increased for the first…
During the previous week, crude oil continued their descent, which coincided with the modest appreciation of the USD against the Euro and Aussie dollar. The oil stockpiles changed remained nearly unchanged. During last week, WTI oil declined by 1.65%; Brent…
During last week, major commodities prices tumbled down; this includes oil, silver and gold. The U.S non-farm employment increased 171k jobs in October. This report, however, had a negative effect on commodities prices on Friday. Last week, several other reports…
Crude oil prices decreased again during most of week. The recent positive news of the rise in U.S employment during October seems to have had an unexpected negative effect on oil prices. The difference between Brent and WTI declined during…
Many commodities were down on the final day of the week following the publication of the U.S non-farm payroll report and the recent crude oil and natural gas EIA weekly updates: WTI oil and Brent oil declined on Friday; the…
The U.S. employment increased by a higher rate than many had anticipated during October: according to the recent U.S. employment report, which was published today, November 2nd by the Bureau of Labor Statistics the number of non-farm employees grew by…
Many commodities were traded in a mixed trend on the fourth day of the week and on the second trading day of week in New York following Hurricane Sandy: WTI oil rose again while Brent oil also changed direction but…
The Prices of crude oil sharply declined today as the recent partial EIA report presents the oil stockpiles remained unchanged in the U.S. The full petroleum and oil weekly report wasn’t published yet by the Energy Information Administration due to…