Category: Crude Oil

OPEC’s Oil Production Slightly Declined in July 2012

According to the recent August report by the Organization of the Petroleum Exporting Countries regarding the recent changes in the crude oil market, the OPEC oil production decreased again during July compared with June’s oil production levels. OPEC’s crude oil…

Oil and Silver Rose Again on Tuesday–Recap August 7th

Many commodities continued trade up during yesterday: crude oil price including WTI and Brent oil increased again on Tuesday; gold edged down while silver price increased; natural gas Henry Hub (September delivery) and spot prices also rose. The Euro edged…

Weekly Outlook of Financial Markets for August 6-10

During last week there was a rise in the forex and commodities markets volatility: the decision of the FOMC and ECB to keep policy unchanged dragged the down the markets, while the recent non-farm payroll report changed the market sentiment…

Crude Oil Prices – Weekly Outlook August 6-10

Crude oil prices started off the week falling but by the end of the week they have changed direction and hiked following the better than expected non-farm payroll report.  The decisions of the major central banks including FOMC and ECB…

Gold Oil and Euro Hiked on Friday–Recap August 3rd

Major commodities prices changed direction and hiked on the last day of the week, following the positive U.S non-farm payroll report. This rally came after they had declined during most of the week: crude oil price including WTI and Brent…

U.S Employment Grew by 163k in July

  The U.S. employment rose y a higher rate than many had anticipated during July: according to the recent U.S. employment report, which was published today, August 3rd by the Bureau of Labor Statistics the number of non-farm employees grew…