According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis on the effect of the recent drought on the Ethanol market and by extension of the gasoline prices. During last week…
According to the recent August report by the Organization of the Petroleum Exporting Countries regarding the recent changes in the crude oil market, the OPEC oil production decreased again during July compared with June’s oil production levels. OPEC’s crude oil…
Many commodities changed direction and declined on Wednesday: crude oil price (WTI) decreased while Brent oil increased again on Wednesday; gold edged up while silver slipped; natural gas Henry Hub (September delivery) and spot prices also fell. The Euro declined…
The price of gold changed direction and edged down on Tuesday after it had increased during the previous days. Silver, on the other hand, continued to trade up. The Euro an many other risk currencies depreciated against the USD. Currently,…
Many commodities continued trade up during yesterday: crude oil price including WTI and Brent oil increased again on Tuesday; gold edged down while silver price increased; natural gas Henry Hub (September delivery) and spot prices also rose. The Euro edged…
Gold and silver continued to trade up for the second consecutive day; the recent rise in bullion prices coincided with the rally of other commodities rates and stock indexes. Bernanke didn’t offer any insight as to the future steps of…