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Oil prices soared as Libyan riots continued – Weekly recap 21-25 February

February 27, 2011

The riots in Libya continue and the UN Security Council just voted to sanction Qaddafi for the crimes against humanity he is committing on the Libyan people. This turmoil raised the level of instability in the Middle East and consequentially…

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Natural gas spot price fell but future rose – Weekly recap 21-25 February

February 27, 2011

The month of February is nearly behind us, and winter conditions including extreme cold weather such as snow storms subside as we progress into March. As a result, there is a decline in consumption causing a drop in natural gas…

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Weekly outlook for Crude oil, Natural gas and Gold 28 Feb – 4 Mar

February 27, 2011

Here is a weekly outlook for the week of February 28th to Match 4th showing the news items and reports that will be published this coming week mainly related to the US, Europe, Canada and Australia economies. The news besides…

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Gold & Silver Prices rise & fall, don’t blame the Middle East– weekly recap 21-25 Feb

February 26, 2011

Precious metals continue their rally with rises in gold and silver prices during most of last week. Gold prices even passed last week the 1,400$/t oz. mark, a price it hadn’t been at since the beginning of January 2011. According…

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Oil prices continue rising as turmoil in Libya progresses– February 25

February 26, 2011

Libya’s turmoil continues; President of the US – Barack Obama said that the US will take steps against Libya, including economic and commercial sanctions, in an attempt to stop the bloodshed. The ongoing uncertainty in the Middle East continues to…

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Natural gas storage and consumption decline as winter ends | EIA review, Feb 25

February 25, 2011

The winter starting to exit the States, and we can see it by the cascading drop in both supply and demand for natural gas, causing for  an ongoing decline in natural gas spot price. Let’s examine the recent EIA weekly…

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