Crude oil prices ended the week with sharp falls over the appreciation of the US dollar and the decline of US stock markets. The concerns over a Greek debt default may continue to affect trading and uncertainty in the financial…
Crude oil prices continue to zigzag and moderately fell yesterday; these shifts in directions are in line with the shifts in the US stock markets; currently crude oil prices are traded down along with the US stock markets. Yesterday, the…
Crude oil prices changed direction and sharply inclined while major stock markets including the S&P500 rose as well. Currently, crude oil prices are traded with moderate falls. Today, the ECB rate decision will be announced, the EIA natural gas report…
Crude oil prices started September with moderate falls, which is consistent with the declines in the major stock markets including the S&P500. Yesterday the spread between Brent oil and WTI oil reached a new high. Currently, crude oil prices are…
Crude oil prices sharply fell during August; this decline was mostly during the first few days of August. The end of the Libyan civil war during August didn’t affect much oil traders as oil prices continued to rise during the…
Crude oil prices finished August with moderate falls, despite the rise in the major stock markets including the S&P500. Currently, crude oil prices are treaded down. Today, the US unemployment claims report will be, the natural gas EIA report and US’s ISM…
Crude oil prices continue their rally and keep on erasing loses they have had during the first week of August. The rising indexes in US stock markets including S&P500 indexes are probably helped pulling up crude oil prices. Currently, crude…
Crude oil prices started the week with rises following the small changes they have had in recent days. The recent rally in US stock markets including S&P500 probably helped pulling up crude oil prices. The search of Gadhafi is still…
Crude oil prices ended last week with moderate rises after the turbulent they have endured during the previous week. It’s currently not clear yet what were the damages to the East Coast infrastructure due to Hurricane Irene including the oil…
Crude oil prices didn’t change much yesterday, but the high volatility in the financial markets could spark a shift in this apparent stability in the oil market. Oil stockpiles have declined by 7 million bbl last week in the US.…