Crude oil prices sharply declined during last week after oil prices had moderately inclined during November and October. The recent FOMC meeting stirred up the commodities markets and may have been among the factors to push down crude oil prices,…
Crude oil prices slightly declined during last week after oil prices rose during the past couple of months including November and October. There are many news items on next week’s agenda including the OPEC meeting and OPEC and IEA’s monthly report…
During 2011 the premium of Brent oil over the WTI reached the highest levels ever and even peaked on September 29th to a premium of $29.47. As the gap between these energy prices shrink what is next for this difference…
Crude oil prices changed direction and sharply fell during most of last week. This recent decline might shift back to gains if the recent news from the Middle East including the sanctions posed by U.S. on Iran will affect the…
Crude oil prices rallies during most of last week and may also continue their upward trend in the upcoming week depending on the development in Europe and U.S. Currently crude oil prices are traded slightly down. The recent news from…
Crude oil prices curbed their rally during last week after they had sharply inclined during October. Currently crude oil prices are traded slightly up. Today, the German Industrial Production will be published, and the Australian Trade balance report. Here’s an…
Crude oil prices recorded sharp gains in recent weeks and October as a whole will be one of the best performing months of 2011 for crude oil prices. The U.S. GDP rate reached a bigger than expected rate of 2.5%…
Crude oil prices shifted to red as they have declined yesterday along with the rest of the financial markets including the American and European stock markets. The lower than expected quarterly growth of the China’s GDP may have contributed to…
Crude oil prices continued their October rally as the major financial markets are traded up including the S&P500 and Dow. Currently crude oil prices are traded up. Today China’ GDP for Q3 2011 will be published. Here’s an outlook and…
Crude oil prices changed direction and fell yesterday, but currently crude oil prices are traded slightly up. Today, U.S. Federal Budget Balance will be published, the U.S. retail sales and the Euro Area CPI. The G20 meeting will be held…