In this week’s Energy Information Administration petroleum report there is an analysis of the horizontal drilling technique that is used not only for drilling natural gas but also crude oil. Here is a weekly review for the week ends on…
Gold and silver prices continue to shift with no clear direction as they slightly inclined yesterday, after they had moderately fell a day earlier. The European debt crisis continues to influence traders, resulting in the indeterminate direction of precious metal…
Major commodities prices rallied yesterday after they had declined on Monday: gold and silver prices moderately inclined; crude oil prices also changed direction and rose; natural gas prices on the other hand continue to decline. Many currencies including Euro, CAD…
In the recent report of the Bureau of Labor Statistics, the U.S inflation for October 2011 slipped by 0.1% and in annual terms it rose by 3.5%. The consumer price index without food and energy also rose by 0.1% during…
Gold and silver prices changed direction and slightly slipped on the first day of the week. There are many news items on the agenda today including Great Britain CPI, Euro Area GDP for the third quarter, U.S. Retail Sales, U.S.…
Major commodities prices changed direction and started the week with moderate falls; many currencies including Euro, CAD and AUD depreciated against the US dollar; gold and silver prices moderately declined; crude oil prices also changed direction and slipped; natural gas…