Gold and silver prices fell again for the third straight day. The talks over the debt ceiling raise in the US continue with no agreement in sight. Today, the core CPI of Canada will be published. Let’s examine the precious…
Natural gas prices (Henry Hub) rose very sharply due to high demand in the electric sector; the high demand is mainly stemmed from the current extreme heat wave (or “heat dome”) in several locations throughout all lower 48 states. According…
Gold and silver prices fell again for the third straight day and in these three days they fell by 0.96% and 3.46%, respectively; crude oil prices had a mixed trend again with WTI slightly rising and Brent oil slightly falling;…
Gold and silver prices fell again for the second straight day. Last night the French and German leaders reached an agreement over the Greek debt bailout. Today, it’s also scheduled for Ben Bernanke to give a speech; He might address…
Crude oil prices finished yesterday with moderate rises for the second straight day. Today, Ben Bernanke will give a speech, there is also a summit scheduled of the European leaders to decide about the Greek bailout program (see here for…
In this week’s Energy Information Administration petroleum report there is an analysis of the seasonality of crude oil demand in the Middle East, in particular Saudi Arabia, and how did Saudi Arabia coup in the past with rising domestic demand…