Crude oil prices continued their upward trend during last week; the gap between Brent and WTI also expanded during most of the week. During last week, WTI oil rose by 3.4%; Brent oil, by 1.9%. The concerns over the rising…
During last week, some commodities prices –crude oil – and forex rates –Euro/USD – resumed their rally. On the other hand, gold and silver prices remained nearly unchanged, while natural gas and Aussie dollar declined. The news of the contraction…
Many commodities traded with a mixed trend on the last day of the week: crude oil price (WTI) rose yesterday for the fourth consecutive day while Brent oil fell; gold edged up for the third straight day while silver declined;…
Crude oil prices continued their upward trend during most of last week as both WTI and Brent oil prices rose on a weekly scale. Further, the gap between Brent and WTI also expanded during most of the week. The recent…
Many commodities traded up again on Thursday: crude oil prices (WTI and Brent) rose yesterday for the third consecutive day; gold and silver rose for the second straight day; natural gas Henry Hub future (September delivery) and spot prices declined…
According to the recent petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis on the reasons for the recent hike in gasoline prices. Some of the reasons include the recent expectations of major central…
Many energy commodities rose again on Wednesday: crude oil prices (WTI and Brent) increased yesterday for the second consecutive day; natural gas Henry Hub (September delivery) declined while the spot prices rose on Wednesday; gold and silver changed direction and…
Today, the eighth survey of 2012 for the Philly Fed Manufacturing Index for July came out. This survey estimates the U.S. manufacturing conditions. According to the recent report the conditions have improved but the index was still negative for the…
According to the latest U.S. Census Bureau report regarding the new residential construction statistics for July 2012, the annual rate of housing starts decreased while the rate of building permits increased. This report sends a mixed signal as to the…
The Bureau of Labor Statistics published today the latest report of the U.S CPI for July 2012. According to the recent report, the consumer price index remained unchanged again for the second consecutive month, but in annual terms the US…