Gold and silver prices ended August on a positive note as they have both moderately inclined; on the other hand, crude oil prices changed direction again and ended the month with moderate falls; natural gas spot price (Henry Hub) also…
Crude oil prices finished August with moderate falls, despite the rise in the major stock markets including the S&P500. Currently, crude oil prices are treaded down. Today, the US unemployment claims report will be, the natural gas EIA report and US’s ISM…
Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 50.6% during August. The U.S. Manufacturing PMI, which is an index that estimates the economic activity in the U.S. manufacturing sector, grew for the 25th consecutive…
The recent Energy Information Administration petroleum report analyzes the gasoline consumption in the US and offers an explanations for the decline in gasoline consumption in 2011 compared to 2010; the main reasons include: high gasoline prices driven by high crude…
Gold and silver prices rallied yesterday and thus erased the moderate price falls they have recorded on Monday. The US consumer confidence report seems to have had little effect on bullion market. On the other hand, the FOMC minutes revealed…
Crude oil prices continue their rally and keep on erasing loses they have had during the first week of August. The rising indexes in US stock markets including S&P500 indexes are probably helped pulling up crude oil prices. Currently, crude…