U.S. GDP 2011 Q2 rose by only 1.3%

The bureau of economic analysis published today its advance estimate of U.S. GDP 2011 second quarter: According to the report, the growth rate of the real US GDP 2011 in the second quarter of 2011 reached 1.3%; according to the…

Oil Prices Daily Outlook July 29

Crude oil prices moderately inclined yesterday. The EIA natural gas market report was published yesterday and presented an increase in natural gas storage of 43 Bcf. Today, the Euro Area inflation rate will be published, the U.S. advance estimate of…

Gold & Silver Prices – Daily Outlook July 29

Gold and silver prices remained unchanged in recent days: during the first couple of weeks of July (1st to 18th of July), gold price rose by 8.08% and silver price inclined by 19.69%; on the other hand, during this week…

Gold and silver declined for second day –July 28

Gold and silver prices very moderately declined again for the second straight day; crude oil prices also didn’t change much but they did finish with a small increase; finally, natural gas spot price (Henry Hub) declined. Here is a summary…

Oil Prices Daily Outlook July 28

Crude oil prices declined yesterday: the WTI spot oil price declined by 2.22%; this was the sharpest daily percent change it had since July 14th. Yesterday, the EIA petroleum stocks was published and presented a sharp increase in stockpiles of…