The prices of crude oil rose during the day but shifted with an unclear trend during the week as the tensions in the Middle East may have contributed to the volatility in the oil market. The recent EIA report presents…
According to the recent U.S. Census Bureau report referring the new residential construction statistics for October 2012, the annual rate of housing starts rose again while rate of building permits declined. This report sends a mixed signal as to the…
The prices of natural gas prices rose during most of the week until yesterday. According to the recent report of the EIA, the total NG demand slightly increased again mainly due to the rise in the residential/commercial sector’s demand. The…
The Prices of crude oil declined during most of the week so far. The latest EIA update shows the oil stockpiles decreased in the U.S during last week. The petroleum and oil weekly update by Energy Information Administration shows an…
The Bureau of Labor Statistics came out today with its recent report of the U.S CPI for October 2012. According to the recent update, the consumer price index edged up by 0.1% after it had increased by 0.6% in the…
Today, the eleventh survey of 2012 for the Philly Fed Manufacturing Index for November was published. This survey projects the U.S. manufacturing conditions. According to the recent survey the conditions have worsen. Further, the index turned negative; the Philly Fed…
According to the latest producer price index monthly report, which was published today, the PPI for finished goods changed direction and edged down by 0.2% in October compared with September’s index. This report serves as an indicator for the changes…
Retails and foods services sales changed direction from last month and declined by 0.3% in October 2012 compared with September’s sales but were above the sales at October 2011. This news may have contributed to the rise in gold and…
According to the recent November report published by the Organization of the Petroleum Exporting Countries regarding the recent developments in the crude oil market for October, the OPEC oil production slightly decreased again during October compared with September’s oil production…
The prices of natural gas prices changed directions several times during the week, but they are slightly higher than last week. The upcoming Northeast storm raises the potential effect it could have on the gas pipelines. According to the recent…