This week’s EIA oil report provides an analysis about the high prices of Jet fuel. Currently the premium of Jet fuel prices over Brent oil has reached its highest level since mid 2008. Here is a summary of the main…
Oil prices moderately rise – April 6
Yesterday, crude oil prices (WTI and Brent oil) moderately inclined; gold and silver prices continue their rally; natural gas spot price (Henry Hub) continues to zigzag as it declined yesterday. Here is a short summary of the price changes in…
Gold & Silver Prices Outlook –6 April
Let’s examine the news and events that might affect current gold and silver prices as of April 6th: China raised its interest rate Bank of China raise its basic interest rate by 25 basis points to 6.31%. This is the…
Crude oil prices forecast for 6 April 2011
Crude oil prices didn’t do much yesterday and there is still little changes in Brent and WTI oil prices. The premium of Brent oil over WTI remains around the 10-14$/b as it did in recent weeks. Will this apparent ease…
Gold and silver prices continue to increase – April 5
Yesterday, gold and silver prices continue their rally; crude oil prices (WTI) moderately declined, while Brent moderately inclined; natural gas spot price (Henry Hub) bounced back from yesterday’s fall. Here is a short summary of the price changes in major…
China raised again its interest rate – April 5
China continues to fight its growing inflation and tries to slow down the economic activity by raising its interest rate. What does it mean for the energy market, especially crude oil prices? China’s central bank recently announced it will raise…