Crude oil prices changed direction again and bounced back from the falls they had recorded on Monday. The rally in the American and European stock markets may have contributed to this rally. Currently crude oil prices are traded with moderate…
Crude oil prices shifted to red as they have declined yesterday along with the rest of the financial markets including the American and European stock markets. The lower than expected quarterly growth of the China’s GDP may have contributed to…
Crude oil prices continued their October rally as the major financial markets are traded up including the S&P500 and Dow. Currently crude oil prices are traded up. Today China’ GDP for Q3 2011 will be published. Here’s an outlook and…
Crude oil prices changed direction and fell yesterday, but currently crude oil prices are traded slightly up. Today, U.S. Federal Budget Balance will be published, the U.S. retail sales and the Euro Area CPI. The G20 meeting will be held…
Crude oil prices continued yesterday their slow recovery from September’s sharp falls; currently crude oil prices are traded up. Today, the IEDA monthly report will be out, the minutes of the recent FOMC meeting, EIA Report on Oil Stockpiles, Australia’s…
Crude oil prices sharply inclined yesterday, and currently they are traded slightly up. Today, Jean Claude Trichet will give a speech, the OPEC monthly report was published and the Canadian Housing Starts report will be published. Here’s an outlook and…
Crude oil prices continue to zigzag on Friday as they did throughout October; currently the major energy commodities are traded up. The recent news from Canada and U.S. about the encouraging employment reports may contribute to the light optimism in…
Crude oil prices shifted from red to green as they have sharply inclined yesterday, while the U.S. and European stock markets rallied and the “risk currencies” including AUD and CAD also rebounded in recent days giving crude oil prices back-wind.…
Crude oil prices started October the same way they had ended September – falling. The weak performance of the U.S. and European stock markets and the “risk currencies” e.g. AUD and CAD are likely to keep crude oil prices low.…
Crude oil prices ended the week with sharp falls as the U.S. stock market sharply declined and the Euro/USD declined over the recent Euro Area high inflation rate for September. Currently, crude oil prices are traded down. Today, Australia’s Trade…