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…
Gold and silver prices inclined yesterday and gained back some of the losses they had endured in the past couple of days that were stem, in part, by the recent CME margin hike on gold trading. Currently, gold and silver…
Gold and silver prices sharply declined yesterday and thus erased all that they have gained in the past week and a half; CME raise margins again on gold trading by 27% – this news probably contributed to the falls in…
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.…
Gold and silver prices fell for the first time in several days, while the S&P500 and other US stock markets sharply inclined yesterday. Currently, gold and silver prices are traded sharply down. Today, the US Report on core Durable Goods…
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 week may have started with gold and silver prices rising, but currently they have changed direction and are being traded down. Is this just a correction or a beginning of change in pace? Today, the US new homes sales…
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 week started with gold and silver prices trading up, after they had been climbing up during each day of last week. Will this trend continue? Today, the US Mortgage delinquency rate for the second quarter of 2011 will be…
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…