Despite Hurricane Isaac that caused a shut down in production in the Gulf of Mexico, there weren’t any substantial damages to oil infrastructure; therefore, on a weekly scale, crude oil prices didn’t move much. The difference between Brent and WTI slipped…
Many major commodities prices rose on Friday: crude oil price (WTI) and Brent oil hiked on the last day of the month; gold and silver changed direction and hiked after they had declined for three consecutive days; natural gas Henry…
Crude oil prices didn’t do much during most of the week despite the expectations that hurricane Isaac might have adversely affected the oil market in the U.S. The gap between Brent and WTI slightly shrunk again during last week. The oil…
Several commodities prices declined again during Thursday: crude oil price (WTI) declined while the price of Brent oil edged up after it had declined for six consecutive days; gold and silver traded down on Thursday – this was the third…
Most commodities traded down again during Wednesday: the price of Brent oil fell again for the sixth consecutive day; crude oil price (WTI) also declined; gold and silver traded down on Wednesday – this was the second consecutive day in…
According to the recent petroleum and oil weekly report done by the Energy Information Administration, there is an analysis on the crude oil inventories and the tightening of the oil market. During last week there was a rise in the…
According to the recent monthly update of the U.S. pending homes sales, which was published yesterday August 29th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during July: the U.S.…
Most commodities traded down during Tuesday: the price of Brent oil declined again for the fifth consecutive day, while oil price (WTI) rose; gold and silver also traded down on Tuesday – this was after silver had increased for six…
The bureau of economic analysis published today August 29th its second 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 services growth…
Many commodities traded at a mixed trend during Monday: crude oil price (WTI and Brent oil) fell again for the third consecutive day; gold and silver, on the other hand, rose on Monday – this was the sixth consecutive day…