Crude oil prices finished the week with moderate rises but they are currently traded moderately down. Today, the Governor of the Reserve Bank of Australia will give a speech. Here’s a short analysis and outlook of the crude oil market…
Crude oil prices finished yesterday with a mixed trend again as WTI spot oil rose and Brent oil slightly fell. Today, the core CPI of Canada will be published. Here’s a short analysis and outlook of the crude oil market…
Crude oil prices finished yesterday with moderate rises for the second straight day. Today, Ben Bernanke will give a speech, there is also a summit scheduled of the European leaders to decide about the Greek bailout program (see here for…
Crude oil prices finished yesterday with moderate rises following the moderate fall on Monday. Today, the US existing home sales will be published and the EIA petroleum market analysis report. Here’s a short analysis and outlook of the crude oil…
Crude oil prices finished yesterday with moderate falls following the moderate rises from Friday. During July crude oil prices (WTI spot oil) changed direction nine times over the past 11 business days. Â The European summit on Thursday will be an…
Crude oil prices continue to seek direction after their rapid rise at the beginning of July. Despite the concerns from Europe about the debt of Greece and Portugal, and the US debt ceiling debate, oil prices remain high at the…
Crude oil prices changed direction and bounced back over the weak US dollar that fell probably due to the news of Moody’s concerns over US debt and Bernanke’s speech; according to recent US EIA report US petroleum stocks rose by…
Crude oil prices continue to decline as the Euro keeps on freefalling. Â Today, the Canadian and American trade balance will be published along with July’s OPEC report. Here’s a short analysis and outlook of the crude oil market for today,…
Crude oil prices start the second week of July with falls, the same way they have ended last week. Today, the Canadian Housing starts and business outlook survey reports will be published; the Bank of Japan will publish its monetary…
Crude oil prices keep on zigzagging as they finished yesterday with sharp rises after the US oil stocks was published showing a moderate rise. Today, the Canadian and U.S. labor report will be published. Here’s a short analysis and outlook…