Natural gas changed direction and after it had declined in recent weeks the Henry Hub (July delivery) spiked by nearly 15%; crude oil also sharply rose during yesterday’s trading. Gold continued to dwindle as it edged up yesterday by one…
Gold continued to rally and completed by yesterday a four day rally; silver on the other hand, edged down on Wednesday; crude oil resumed their descent and declined during yesterday’s trading; natural gas future price also decreased, while the spot…
The Bureau of Labor Statistics published today the recent report of the U.S CPI for May 2012. According to the publication the consumer price index fell by 0.3% and in annual terms the US CPI increased by 1.7%. The consumer…
Oil and Natural gas changed direction and after their tumble on Monday, both energy prices managed to rally on Tuesday; WTI and Brent oil rose by little under one percent; natural gas future price also increased by a similar rate,…
According to the latest June report prepared by the IEA – International Energy Agency on the recent changes in global crude oil market as of April/May 2012, the global Oil Supplies rose again in May; the non-OPEC supply also rose…
According to the latest producer price index monthly report, which came out today, the PPI for finished goods tumbled down by 1% in May compared with April’s index. This report serves as an indicator for the changes in the U.S…
Retails and foods services sales edged down in May 2012 compared with April 2012’s sales, but were above the sales at May 2011. The U.S. Department of Commerce published its monthly update on the shifts in the U.S. retail and…
In this week’s petroleum and crude oil weekly update by the Energy Information Administration, it was reported the EIA lowered it oil prices forecast. The total U.S oil and petroleum stockpiles slightly increase during last week by 1.1 million bl.…
Oil and Natural gas started off the week falling: Brent oil tumbled down by a much higher rate than WTI; natural gas future price also plunged by almost 4%; gold and silver prices didn’t so much yesterday as both metals…
According to the latest June report by the Organization of the Petroleum Exporting Countries vis-à-vis the recent changes in the oil market, the OPEC oil production remained nearly unchanged during May compared with April’s oil production levels. OPEC’s crude oil…