Crude oil prices changed direction and rose during most of last week. The recent OPEC report and IEA monthly update didn’t show a significant change from the previous reports. The disappointing GDP growth rate of China for Q2 2012 may…
The recent publication of the minutes of the FOMC meeting didn’t help rally commodities during last week. On the other hand, there were many talks over the possibility of a stimulus plan in U.S and China, especially after the publication…
The recent weakness of the U.S stock market which is reflected in the low growth of the S&P500 index might be among the key factors to pull down Exxon Mobil Corporation (NYSE: XOM). The upcoming publication of the financial reports…
Precious metals changed direction and after they had declined during the first week of July they managed to rally on the second week. The publication of the minutes of the FOMC meeting from back in June didn’t reveal anything earth…
Natural gas prices didn’t so much during the week despite their sharp daily shifts. Since natural gas changed direction almost daily, the Henry Hub didn’t present a certain trend during the week. Following these changes the difference between future and…
Crude oil prices started to rise again during last week. Further, the gap between Brent and WTI was also widened. The recent OPEC report and IEA monthly update showed that there was little change in OPEC’s production. The disappointing GDP…