Crude oil price continued to fall during the end of the week, despite the price hike it gained during the beginning of the week, mainly related to the turmoil in Egypt. Here is a weekly recap for January 31 to…
On Friday, February 4th, Federal Reserve Chairman – Ben Bernanke gave a speech on the monetary policy of the Federal Reserve for the near future. He said that the Fed will continue with its plan to purchase treasury worth of…
On Friday, February 4th, the Bureau of Labor Statistics published the U.S. employment report for the month of January 2011. According to the report, the U.S. unemployment rate fell by 0.4 percent point during December, from 9.4% to 9.0%. This…
Crude oil price fell yesterday, along with other major energy commodities including natural gas spot price; Gold price also declined while silver prices rose yesterday. Let’s quickly review the changes in major energy commodities market and precious metals for February…
The EIA issued its weekly report regarding the natural gas market in the U.S. for the week ending on January 28th: Natural gas spot price declined during that week; consumption, however rose while the production declined due to the extreme…
As all eyes continue to closely watch how and when the Egyptian turmoil will subside, , investors already speculate how the protests will affect, if any, major energy commodities and the crude oil price. Let’s examine what is the current…