Crude oil prices have bounced back and inclined yesterday along with the rally of major US stock markets. The WTI spot oil rose for the second straight day. Today, the US EIA crude oil stockpiles report will be published and…
The Libyan war may end soon, but the market didn’t consider this news much as Brent oil slightly fell yesterday and WTI spot oil price even inclined. The spread between Brent oil and WTI spot oil declined yesterday but is…
The Libyan war is nearing an end after over half a year of fights between the rebels and Gaddafi’s forces. This news is already affecting the trade of crude oil as Brent oil is currently traded down; the spread between…
You can forget from the fundamentals for now, this market reacts very sharply and extremely to the changes in directions in the stock markets. Crude oil prices fell very sharply yesterday and they are currently trade down as well. Today,…
Crude oil prices continue to zigzag but still demonstrate a gradual upward trend in the past few days. The EIA oil market report was published yesterday and showed a decline in crude oil stockpile of 1.37 million bbl during last…
Crude oil prices changed direction again and slightly fell yesterday despite their recent upward trend in recent week. The shift might be related, in part, to the recent fall in the stock market, including the S&P500. Crude oil prices are…
Crude oil prices started the week with sharp rises that continues the upward trend in recent days. The shift might be related, in part, to the recent rise in the stock market, including the S&P500. Crude oil prices are currently…
Crude oil prices ended the week with slight declines, after they had risen for two straight days (three days for Brent oil). The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…
Crude oil prices inclined for the second straight day (third for Brent oil) after they had fell during most of last week. The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…
Crude oil prices bounced back and trimmed part of the falls they had recorded in recent days. Today, the Canadian and American trade balance reports will be published, ECB monthly bulletin, EIA natural gas report and US unemployment claims, Yesterday,…