Oil Prices Tumbled As Oil Stockpiles Remained Unchanged

The Prices of crude oil sharply declined today as the recent partial EIA report presents the oil stockpiles remained unchanged in the U.S. The full petroleum and oil weekly report wasn’t published yet by the Energy Information Administration due to…

Gold and Silver Prices – Daily Outlook for November 1

The prices of gold and silver rose again yesterday and thus completed a two day rally. Many other commodities also increased yesterday. The markets in NY open yesterday for the first time following Hurricane Sandy.  China’s manufacturing PMI rose to…

U.S. Manufacturing PMI Index Edged Up to 51.7%

Today, the U.S. Manufacturing ISM report came out; according to the recent update, the U.S. Manufacturing PMI index edged up to 51.7% during October 2012. The U.S. Manufacturing PMI is an index that estimates the economic development of the U.S.…