Today it was reported that there a substantial amount of Natural gas found in an offshore drilling off the coast of Israel. Leviatan – the Natural gas drilling project which is owned by (in brackets the percent of ownership): Delek…
Category: News by Region
Natural gas declining storage and prices – Dec 27
The last week of the year starts off at a slow pace for major commodities as most of their prices had very little fluctuations. This characterization could be referred to, among other, Crude oil prices, Gold prices and Silver prices;…
China raises interest rates –reviewing its effect on crude oil prices
As speculations expected, China decided over the weekend to raise its interest rates, in order to fight its ongoing rapidly growing inflation. China reported that for the month of November, the inflation rate of 5.1%, which is the highest rate…
China’s effect on Crude oil prices in 2011 –Dec 21st
Crude oil prices started the week with moderate rises after the weekend; these rises continue today for the second day of the week. On the other hand, natural gas prices after presenting bullish behavior, settled down today, and currently they…
China’s dilemma for using Coal Energy – Dec 20th
In a recent article in Scientific American there is a discussion regarding China’s dependency in Coal energy, which is one of the main energy substances for this economy’s engine (figuratively and literally). China economic boom and rapid rise is fueled…
Post Reading suggestions – Dec 19th
Here are some suggested articles that offer some different perspectives on the financial markets, have fun: Forexcrunch discusses the good attributes of Fear in forex trading; Macro Man: talks about the rating agencies, such as Moody’s that rocked the Euro this…
158th OPEC meeting decisions and analysis – 11th of December
Yesterday, December 11th the 158th OPEC meeting was held in Quito, Ecuador. OPEC which is responsible for about 40 percent of world crude supply announced its decisions vis-à-vis its output quota for 2011. The main decision was that the output…
5 News items to follow in understanding oil prices– November 24th
The crude oil prices are currently on the rise after it has been falling throughout this week. Here are 5 news items that you should consider in trying to understand the recent rise and have a better understanding in analyzing…
After a rise there comes the fall – Crude oil prices fall after weekend rise – news for November 22nd
Ireland is still in the news as speculation rises around its macroeconomic condition and how will the bailout affect the entire European Union. It’s currently hard to predict how Ireland’s economic condition will affect the prices of commodities as they…
Crude oil prices on the rise over the weekend – the Irish connection – news for 22nd November
The global tension around Ireland heats up the scene around major energy commodities. Yahoo repots us about crude oil prices reaching 82 USD/ Barrel, in Asia stock markets, and according to Bloomberg the prices of Nymex Crude Oil Future prices…