Gold and silver prices ended November on a positive note as they have sharply inclined along with the rest of the financial markets. The news from Europe on the Fed’s reduction of interest rates on USD loans to EU banks…
The Foreign Affairs Ministers of the top European Countries will convene today, Thursday December 1st in Brussels and will decide whether to impose sanctions on Iran including an embargo on Iranian oil. The escalation in the relation between Iran and…
Major commodities ended November on a positive note as their prices inclined along with the rest of the major financial markets including the American and European stock markets; this rally came following the announcement that five prime Central banks including…
During 2011 the premium of Brent oil over the WTI reached the highest levels ever and even peaked on September 29th to a premium of $29.47. As the gap between these energy prices shrink what is next for this difference…
Gold and silver prices moderately changed yesterday with no clear trend. Italy’s bond sale gone well and may have indicated a slight positive sentiment in the financial markets in regards to the recent changes in Italy. Today the U.S Pending…
Major energy commodities continued to rally despite the modest changes in other financial instruments such as the moderate changes in the American stock markets indexes. Crude oil continued to trade up. Natural gas spot price (Henry Hub) also kept on…