Crude oil prices changed direction again and bounced back from the falls they had recorded on Monday. The rally in the American and European stock markets may have contributed to this rally. Currently crude oil prices are traded with moderate…
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 continued yesterday their slow recovery from September’s sharp falls; currently crude oil prices are traded up. Today, the IEDA monthly report will be out, the minutes of the recent FOMC meeting, EIA Report on Oil Stockpiles, Australia’s…
Crude oil prices sharply inclined yesterday, and currently they are traded slightly up. Today, Jean Claude Trichet will give a speech, the OPEC monthly report was published and the Canadian Housing Starts report will be published. Here’s an outlook and…
Crude oil prices continue to zigzag on Friday as they did throughout October; currently the major energy commodities are traded up. The recent news from Canada and U.S. about the encouraging employment reports may contribute to the light optimism in…
Crude oil prices changed directions again and fell yesterday, despite the ongoing rally of the US stock markets. The USD slightly depreciated against the Euro. This recent decline may just be a correction, as crude oil prices are currently traded…
Crude oil prices finished yesterday with moderate rises for the second straight day. Today, Ben Bernanke will give a speech, there is also a summit scheduled of the European leaders to decide about the Greek bailout program (see here for…
Crude oil prices rose again yesterday, but they are currently traded with moderate changes. Today the US unemployment claims report will be published along with the monetary development of European Union. Here’s a short analysis and outlook of the crude…
Crude oil prices didn’t change much yesterday, as they still seek direction. Today all eyes head towards Greece and the upcoming voting on the budget cuts. On the agenda today: the US consumer confidence report will be published; Libyan conflict…
Following yesterday’s slow trading day in which crude oil prices didn’t change much, they are currently traded down; will this decline continue? Let’s review and analyze the crude oil market for today, June 17th: Crude oil prices – June 2011…