Markets are different during the holiday season that just began. How should you react? We begin with this topic and then talk about things that do move markets: the US data and especially GDP that look more complicated than earlier, the UK…
The precious metals market continues to heat up with gold and silver prices reaching new highs: gold price is nearing the $1,900 mark, silver price passing the $43 mark; crude oil prices have changed direction with Brent oil falling and…
The main economic indicators regarding the US economy didn’t show much improvement in 2011: The second estimate of the growth rate of the real GDP in the first quarter of 2011 remained unchanged at 1.8% after the US GDP grew…
Following the two days when oil prices (WTI spot oil) declined, yesterday they have bounced back with moderate rises; precious metals prices also inclined; and natural gas spot prices (Henry Hub) moderately increased for the second straight day. Here is…
There is an old paradigm among analysts of crude oil prices vis-à-vis to the Dollar/Euro exchange rate: in many cases analysts quote the level of correlation between the two indexes and conclude that due to their high level of correlation they assume a cause and effect relationship
Oil and Gas Prices Crude oil price (December 2010 futures), as of 19.45PM GMT, on the New York Mercantile Exchange (Nymex), is at 86.96 USD per barrel, which represents a 0.11 dollar increase or a 0.13% incline. The WTI spot crude oil price…
Here is a daily update about the crude oil price along with a crude oil price analysis for today, Thursday, October 28th: Prices Today, October 28th, the price of crude oil remains in the neighborhood of the 82 dollar mark:…
The market of energy didn’t create much news items today as the daily crude oil prices didn’t change much. Here are, however, the main scoops of the day: Main News China raised its price of retail gasoline according to Bloomberg…