
The Middle East is heating up… The Egyptian riots are renewed despite the steps taken by President Hosni Mubarak after his speech. As a result crude oil price sharply rose during the last day of the week, gold and silver…
The EIA issued its weekly report regarding the natural gas market in the U.S. for the week ending on January 21st: Natural gas spot price increased during that week; consumption also rose but natural gas storage declined; yet temperatures were…
The EIA analyzes in its recent weekly report on crude oil price and petroleum stocks, the transportation sector in the US. According the report, the transportation sector accounted for 72% of the total petroleum demand in 2009, and all things…