Crude oil prices continued to rally during most of last week (until the last day of the week). The recent news from the U.S showed a mixed signal as to developments in the U.S. The news of the rise in…
Crude Oil Prices – Weekly Outlook July 23-27
Category: Crude Oil
Weekly Outlook of Financial Markets for July 23-27
During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the…
Silver Gold and Natural Gas Increased on Friday–Recap July 20th
Crude oil prices including WTI and Brent changed direction and after they had risen for six consecutive days, they declined on Friday; natural gas Henry Hub (August delivery) and spot price continued to trade up. Gold and silver rates edged…
Crude Oil Prices – Weekly Recap July 16-20
Crude oil prices continued to rally during last week. Further, the gap between Brent and WTI was also expanded. The news of the increase in the Philly Fed index and housing starts may have contributed to the increase in oil…
Oil Gold and Natural Gas Rose Again on Thursday–Recap July 19th
The energy commodities continued to rally yesterday following the positive news of the slight increase in the Philly Fed index. Crude oil prices including WTI and Brent hiked for the sixth consecutive day; natural gas Henry Hub (August delivery) and…
Is Chesapeake walking towards the right path?
Chesapeake Energy Corporation (NYSE: CHK) rallied in the past few weeks. The recent steps the company took such as selling Chesapeake Midstream Partners, L.P may have contributed to its rally. It seems the company is headed towards scaling down its…
Oil and Natural Gas Traded up on Wednesday–Recap July 18th
The energy commodities traded up yesterday following the positive news of the rise in housing starts. Crude oil prices including WTI and Brent rose for the fifth consecutive day; natural gas Henry Hub (August delivery) and spot price also rose.…
Oil and Petroleum Stockpiles Edged Up by 1.4MB– July 18
In this week’s petroleum and oil weekly update by the Energy Information Administration, there is an update on the recent developments in exports of Ethanol. The total U.S oil and petroleum stockpiles increased during last week by 1.4 million bl.…
Philly Fed Index Slightly Rose in July
Today, the seventh survey of 2012 for the Philly Fed Manufacturing Index for July was published: this survey estimates the U.S. manufacturing conditions have slightly improved by are still deteriorating; the Philly Fed index rose from -16.6 in June to…
Oil and Euro Rose Again on Tuesday–Recap July 17th
Crude oil prices including both WTI and Brent continued to trade up and rose for the fourth consecutive day; gold and silver rates edged down for the second consecutive day. Natural gas Henry Hub (August delivery) and spot price also…