Major commodities were traded in a mixed trend on the first business day of the week: the price of Brent oil declined while WTI oil edged up on Monday; natural gas Henry Hub future (short term delivery) slightly increased yesterday;…
Many energy commodities and precious metals remained virtually unchanged in the Asian markets as the U.S and European markets were closed due to the Holiday. Major currencies were traded mostly slightly down against the USD. In particular the Euro declined…
The month of June is behind us and we are upon a new month with same concerns including the Greek debt, among others. Here are several recommended posts regarding the forex and commodities markets of July 2nd: In Forexcrunch,…
In the recent Energy Information Administration petroleum weekly report regarding the U.S. crude oil market there is an analysis about the rising consumption of distillate fuel oil not only in the U.S. but also globally. Here is a weekly review…
China continues to fight its growing inflation and tries to slow down the economic activity by raising its interest rate. What does it mean for the energy market, especially crude oil prices? China’s central bank recently announced it will raise…
Just when we thought that Global warming cannot get another hit… It seems that there is another unexpected adverse effect of global warming that could affect energy production, in particular – wind power. According to a recent study, there is…