The crude oil market demonstrated a mixed trend as WTI oil prices slightly inclined while Brent crude oil prices slipped. The Libyan news of Qaddafi’s demise may have helped lower the Brent oil prices as this news may have slightly…
Gold and silver prices changed direction and after sharply declining throughout the week they have bounced back and closed the week rising; crude oil prices continued to trade with mixed trend as WTI oil price inclined and Brent oil slipped;…
The recent news from Libya is that the rebels killed Qaddafi after they had captured him today – October 20th. As reported by Bloomberg, the Libyan rebels managed to capture Qaddafi in his hometown of Sirte. This news is likely…
Major commodities took a plunge yesterday after they had demonstrated a mixed trend in recent days: Gold and silver prices slightly declined; crude oil prices sharply decreased after they had inclined a day earlier; natural gas prices slipped as well.…
Gold price continued to slide and sharply declined for the second straight business day; silver price remained virtually unchanged; crude oil prices bounced back and inclined; natural gas prices on the other hand changed direction and sharply fell. Here is…
The crude oil market continues to rally from September as the crude oil prices sharply inclined during most of the week. The U.S retail sales inclined during September and OPEC reported a slight drop in its oil production; these news…
Gold and silver prices changed direction and much like other commodities’ prices, they have closed yesterday’s trading day falling. Crude oil prices also slightly declined; natural gas spot prices sharply fell, while the future price (short term) slightly increased. Here…
Today, the IEA – International Energy Agency published its monthly report on the global crude oil market as of September 2011. During September, OPEC’s oil production slipped by to 30.15 million bbl/d compared with August’s average oil production; this was…
The financial market didn’t do much yesterday after it had recorded sharp gains on Monday: Major energy commodities increased yesterday, while precious metals’ prices recorded a mixed trend with gold price slightly slipping and silver price slightly rising. Here is…
The crude oil market started to recover from the sharp falls crude oil prices had endured during September and slightly inclined during the first week of October. By the end of the week, Brent oil price added 2.18% to its…