Crude oil prices are likely to end the week slightly recovering from the sharp falls they have endured last week. Crude oil prices along with the US stock market rose during most of the week. Currently, crude oil prices are…
Crude oil prices bounced back after they had declined in the previous three business days. Currently, crude oil prices (WTI) are traded sharply up following the gains in the US stock markets. Today, the U.S. consumer confidence report will be…
Crude oil prices declined in the past three business day, but currently they are traded down. The speculation around the European debt crisis and the slowdown in Asia and US may continue to affect traders to keep crude oil prices…
Crude oil prices declined yesterday and currently they continue to trade sharply down. The FOMC announcement to purchase $400 billion LT securities didn’t receive a warm reaction in the financial markets as the US stock markets sharply fell. The USD…
Crude oil prices changed direction and slightly inclined yesterday. The depreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade up yesterday. Today, the EIA oil stockpiles…
Crude oil prices started the week with sharp falls. The appreciation of USD against major currencies such as Euro, AUD and CAD might be among the factors that affected oil prices to trade down in recent days. Today, the Euro…
Crude oil prices ended the week falling, resulting in WTI oil price losing only 0.96% of it value during September (up to date) and Brent oil shed 1.8% of its value. The recent appreciation of USD on Friday may have…
Crude oil prices changed directions again and fell yesterday, despite the ongoing rally of the US stock markets. The USD slightly depreciated against the Euro. This recent decline may just be a correction, as crude oil prices are currently traded…
WTI oil prices inclined yesterday and thus followed the modest gains in the US stock markets. The gap between Brent oil and WTI oil prices continues to close. The speculations around the Euro Area debt crisis will probably continue to…
Crude oil prices changed direction along with the US stock markets and ended yesterday with light gains. The slight fall of the USD against major currencies such as Euro and CAD also provided some backwind for crude oil prices’ bounce…