Crude oil prices finished July with falls and they have also started August with moderate falls. The debt ceiling talks have concludes with the debt limit rising to $16.4 trillion. This news might bring back some stability to the market.…
The talks over raising the US debt ceiling have ended yesterday with a raise of $2.1 trillion. Now that this issue was resolved, the aftermath will start including whether rating agencies will downgrade the US credit rating. This week there are…
Crude oil prices didn’t change much during the past couple of weeks; last week wasn’t any different as crude oil prices moderately declined after they had moderately inclined the week before. The US GDP 2011 Q2 didn’t grow by a…
Natural gas prices (Henry Hub) finished the week with a downward trend; the heat wave in the US has subsided during the week and so did the pressure for natural gas prices to rise. The domestic demand for natural gas…
Gold price bounced back and finished the week strong during the last week of July; silver price, on the other hand, finished the week below the price level it had started the week at; both precious metals’ prices finished the…
Gold and silver prices changed direction yesterday and finished the week rising; crude oil prices on the other hand fell sharply; these shifts in commodities prices might also be related to the recent US GDP Q2 2011 report that showed…