According to the recent producer price index report, which came out today, the PPI for finished goods remained unchanged in March compared with February’s index. This report serves as an indicator for the path of the U.S core CPI to…
Natural gas price continued their downward trend and sharply fell during this and last week. The natural gas (short term) future price fell below the $2 mark for the first time in over a decade ( the last time it…
According to the recent April report of the Organization of the Petroleum Exporting Countries in regards to the oil market, the OPEC oil production slightly rose during March 2012 compared with February oil production levels. This rise was mainly due…
Gold and silver prices didn’t do much yesterday after they had rallied in the past couple of days. The slow market day has passed and today the situation should be different. The rally in oil prices and U.S stock markets…
After a couple of days in which oil prices plummeted along with the U.S and Europe stock markets all awhile gold prices rallied; the tables have turned coming Wednesday as gold and silver prices edged down while crude oil prices…
In the recent petroleum and crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles changed direction and declined for the first time in four weeks, last week by 3.9 million barrels. Crude oil prices slipped also…