The Bureau of Labor Statistics published today its latest report of the U.S CPI for August 2012. According to the recent update, the consumer price index rose by 0.6% after it had remained flat for the previous two consecutive months;…
Major commodities traded again in a mixed trend on Wednesday: WTI oil price slipped while Brent oil rose; gold and silver didn’t do much as the both precious metals slipped yesterday; natural gas Henry Hub future (October delivery) and stop…
According to the recent petroleum and oil weekly report prepared by the Energy Information Administration, there is an analysis on the future narrowing of the gap between Brent and WTI oil. During last week there was a rise in the…
According to the latest producer price index monthly report, which came out today, the PPI for finished goods rose by 1.7% in August compared with July’s index. This report serves as an indicator for the developments in the U.S core…
Major commodities traded again in a mixed trend on Tuesday: WTI oil price rose while Brent oil edged down; gold and silver didn’t do much as the former edged up while the latter slipped yesterday; natural gas Henry Hub future…
According to the recent September prepared by the Organization of the Petroleum Exporting Countries regarding the latest developments in the crude oil market for August, the OPEC oil production increased during August compared with July’s oil production levels. OPEC’s crude…
Major commodities traded in a mixed trend on the first day of the week: WTI and Brent oil price edged up; alternatively, gold and silver decreased yesterday; natural gas Henry Hub future (October delivery) bounced back and hiked by over…
Throughout last week, crude oil prices didn’t do much as both WTI and Brent oil slightly declined. The difference between Brent and WTI also declined. In regards to the recent weather conditions, Hurricane Leslie was downgraded to a tropical storm…
During the previous week, the prices of commodities rose mainly on Friday following U.S employment that showed a fewer jobs were added during August than many had anticipated. This news may have contributed to the renewed expectations of another QE…
Major commodities traded up during Friday: WTI and Brent oil price bounced back and rose; further, gold and silver also increased yesterday; natural gas Henry Hub future (October delivery), on the other hand tumbled down again and even spot price…