In this week’s petroleum and crude oil weekly update by the Energy Information Administration, the U.S refinery capacity for 2011 and 2012 was examined. The report shows there has been a drop in the refineries capacity during 2011 mainly due…
Gold and silver prices continue to zigzag from gains to losses: yesterday both precious metals declined. This fall came after both metals hiked on Monday. The fall in the U.S consumer confidence survey didn’t seem to affect the financial markets…
Gold and silver prices changed direction and declined on Tuesday after they started off the week rising. Crude oil price (WTI) changed direction and edged up while Brent oil hiked and thus widen the gap between Brent and WTI. Natural…
According to the recent monthly report of the U.S. pending homes sales, which was published today June 27th by the National Association of Realtors, the real estate market has shifted again as pending home sales rose during May: the U.S.…
Gold and silver prices kicked off the week on a positive note as they have recovered some of the losses from last week but they are still at a low rate for the month. The rise in new home sales…
Gold and silver prices started off the week on a positive note as both precious metals hiked on Monday. This rally comes after both metals tumbled down last week. Crude oil price (WTI) continued to decline while Brent oil edged…