Category: Crude Oil

U.S. PMI Manufacturing Index Rose to 51.5%

Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose to 51.5% during September 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S. manufacturing…

Oil Weekly Outlook For October 1-5

During last week, crude oil prices shifted with an unclear trend as the price of WTI oil slipped while Brent oil edged up. Due to the different paths these oil prices followed, the gap between the Brent oil and WTI…

Weekly Outlook of Financial Markets for October 1-5

During the previous week, the prices of bullion shifted with an unclear trend as the recent developments in Spain, Greece and Italy continued to pose uncertainty in the Euro Area. Further, the mixed signal about the progress of the U.S…

Crude Oil Prices – Weekly Recap September 24-28

Crude oil prices moved with an unclear trend during last week. The difference between Brent and WTI rose during last week. The oil stockpiles changed direction and fell during last week by 2.6 M bl. WTI oil declined by 0.45%…

U.S GDP Q2 2012 Revised Down to 1.3%

The bureau of economic analysis published today September 27th its third and final estimate of the growth rate of the U.S. Gross Domestic Product for the second quarter of 2012. According to the recent update U.S output of goods and…

U.S. New Home Sales Declined in August 2012

Yesterday, the U.S. Census Bureau reported on the shifts in number of new homes sold in the U.S during August 2012: the number of new homes sales edged down compared with the number of new homes sold during July 2012.…