Crude oil prices continue to fluctuate at a very moderate rate compared to the first week of May in which they fell very precipitately; oil prices are currently traded with moderate rises but as the day will progress you may…
In last week’s oil outlook of the Energy Information Administration for 2011 it was reported that EIA analysts expect that the OPEC crude oil production will decline in 2011 by 450,000 bbl/d compared to 2010, but the non-OPEC countries will…
Gold and silver prices kept on falling yesterday for the second straight day. Crude oil price (WTI spot) also declined, while Brent oil didn’t move much yesterday. Here is a summary of the main price changes in commodities and precious…
Gold and silver prices started off the week with falls, and continue this path as they are currently traded down, becuase the financial markets continue to demonstrate uncertainty. Let’s examine the precious metal market for May 17th: Gold and silver prices…
The crude oil market continue to remain put as the WTI oil price remains near the 100$ mark. The day started off with moderate rises. Let’s examine the recent news related to the crude oil market for today, May 17th:…
The Eurostat published yesterday that the Euro Area inflation rate grew by 2.8% (Y-2-Y) during April 2011. This is a moderate increase from March’s inflation rate of 2.7%. The EU inflation rate during April reached 3.2%, an increase from 3.1%…