Since the beginning of the year the price of oil resumed its upward trend. Will this rally continue? Or will oil prices come down soon? What could explain the recent rise in oil prices? Let’s examine the recent developments in…
Many commodities prices traded in a mixed trend on the third business day of the week: the price of Brent oil inched up while the WTI oil declined on Wednesday; natural gas Henry Hub future (short term delivery) rallied yesterday;…
Retails and foods services sales inched up again for the third consecutive month, during January 2013 by 0.1% compared with December’s sales and were also above the sales at January 2012. The U.S. Department of Commerce (pdf file) published yesterday…
The prices of silver and gold remained virtually unchanged yesterday as both metals inched up. Their modest rally coincided with the rise of “risk currencies” such as Euro and Aussie dollar against the USD. Will gold and silver continue to…
According to the latest February update published by the Organization of the Petroleum Exporting Countries referring to the recent shifts in the crude oil market for January, the OPEC oil production edged down again during January compared with December’s oil…
Many commodities prices traded mostly up on the second business day of the week: the prices of Brent oil and WTI oil rose on Tuesday; natural gas Henry Hub future (short term delivery) fell yesterday; the prices of silver and…