Category: Crude Oil

U.S. Consumer Confidence Bounced Back in September

The U.S consumer confidence index changed direction and rose during September, after this index had fallen during August. . According to the latest U.S. consumer confidence survey, the consumer confidence index rose in September compared with August’s index: The index…

Crude Oil Prices – Weekly Outlook September 24-28

During last week, crude oil prices changed direction from their upward trend during August and the beginning of September and tumbled down throughout most of the week. The difference between Brent and WTI slightly increased but remained at its $17-$19…

Crude Oil Prices – Weekly Recap September 17-21

Crude oil prices changed direction and after they had increased during the first couple weeks of September, they have tumbled down during most of last week. The difference between Brent and WTI also rose during last week. The oil stockpiles…

Will Oil Continue Its Tumble?

oil and us money base 2007-2012

The price of oil changed direction and tumbled during the week after it had increased during most of August and the first couple of weeks of September. What could have caused such a rapid shift in the oil market? Will…

Philly Fed Index Improved Again in September

Yesterday, the ninth survey of 2012 for the Philly Fed Manufacturing Index for September was published. This survey estimates the U.S. manufacturing conditions. According to the recent survey the conditions have slightly improved again but the index was still negative…