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…
Category: Opinion
U.S Labor report and its effect on crude oil price & spot gold price
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…
Crude oil price in 2010 and outlook for 2011
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…
Natural gas prices in 2010 and projection to 2011
2010 is over and now we must start looking forward into 2011 and do some forecasts… Before we will put 2010 to rest, let’s shortly review some trends in 2010 regarding natural gas spot price, consumption and storage. This analysis…
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…
Should we be concerned with Crude oil prices in 2011?
Since we are nearing 2011, there are many speculative sayings in regards to crude oil price forecast in 2011. Some consider that it could shoot off the roof and reach very soon the 100 USD mark and from there on, it…
The tightening of Silver & Gold prices – short analysis
As 2010 is winding down, it is time to examine some of the market paradigms that are considered reliable for investors and traders when they do their market research. One of these paradigms is that Gold prices are heavily correlated…
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…
The Gold Rush – is there a bubble in the Gold Market? – A short analysis
As the current gold prices continues to roar up the ladder and on its way to pass the 1,400 USD/t. oz. mark, one might think if this price is justifiable for this precious metal. Could it be possible that there is…
How related are the consumption of Natural gas to its price – Examining Natural gas
In the last week there were many changes in Natural gas prices and the peak was when the New York City Gate Spot price after increasing on Monday by over 11%, rose the following day by 61%. Later on, there…