The Mubarak regime has ended after 29 years of ruling Egypt. Let’s examine what is the current situation in Egypt, and how did the commodities market reacted so far by examining the crude oil price: After more than a couple…
Crude oil price continued to fall during the end of the week, despite the price hike it gained during the beginning of the week, mainly related to the turmoil in Egypt. Here is a weekly recap for January 31 to…
On Friday, February 4th, Federal Reserve Chairman – Ben Bernanke gave a speech on the monetary policy of the Federal Reserve for the near future. He said that the Fed will continue with its plan to purchase treasury worth of…
On Friday, February 4th, the Bureau of Labor Statistics published the U.S. employment report for the month of January 2011. According to the report, the U.S. unemployment rate fell by 0.4 percent point during December, from 9.4% to 9.0%. This…
The Egyptian riots have subsided over the weekend, however they are planed to renew tomorrow with a big protest. On Friday, crude oil price rose by several percent points. The protest tomorrow will probably set the tone for the rest…
The bureau of labor statistics published last week, on January 14th its report on the consumer price index. The report showed an increase in the CPI by 0.5 percent points. Thus the current US inflation rate on a yearly scale…
2010 is over, and this post is the third and final review, as part of my series on 2010 analysis and 2011 outlook of major commodities; after covering the natural gas market and the crude oil market, this last review…
There are two news items worth reviewing that developed over the weekend, and could influence crude oil price, especially WTI price and push it higher today. Let’s check them out: Crude oil price today – 10 January The Canadian oil…
Last week the Bureau of Labor Statistics published the U.S. employment situation report for the month of December 2010. The report shows an improvement in the labor stats in the U.S. as the unemployment rate fell by 0.4 percent point…
As part of my series reviewing energy commodities in 2010, I present here the main changes that occur to crude oil price (WTI spot price) during 2010, and show what could affect crude oil price in 2011. Crude oil price…