WTI crude oil price bounced back and moderately inclined yesterday. Today, the core retail sales of Canada will be published along with the U.S. existing home sales – these news items may affect the financial markets. Let’s review and analyze…
Tag: current crude oil prices
Oil prices daily outlook 17 June
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…
Oil prices fell precipitately as USD strengthened –June 15
Crude oil prices plummeted yesterday as the US dollar strengthened against major currencies including Euro and Canadian Dollar. Natural gas spot price also followed and fell; gold and silver prices didn’t change much. Here is a summary of the price…
Oil gold and silver prices bounced back–June 14
Major commodities prices bounced back and closed yesterday with rises. Gold, silver and crude oil prices inclined while natural gas prices started to drop. Here is a summary of the price movements of precious metals and energy commodities for June…
Oil prices daily outlook 14 June
Crude oil prices continue to moderately changed, but during recent days there has been an upward trend in the difference between Brent oil and WTI oil spot prices. Will this trend continue? Let’s review and analyze the crude oil market…
China’s industrial production slowed down – June 14
As expected, China’s industrial production index has moderately declined by 0.1 percent points during May compared with April 2011; nevertheless, this index was 13.3% above the rate on a year to year scale. Despite a slowdown in the growth rate…
Major commodities prices finished the week with declines –June 10
Major commodities prices continue to zigzag with no clear trend and they finished the week with declines. Here is a summary of the price movement in energy commodities and precious metals for June 10th: Oil and Gas prices: WTI Spot…
Oil prices daily outlook 8 June
Crude oil prices continue to fluctuate very moderately, despite the ongoing turmoil in the Middle East; OPEC meeting is being held today, and EIA will publish its weekly crude oil report on oil stockpiles, consumption and production in the U.S.…
Oil prices daily outlook June 7 and the upcoming OPEC meeting
Crude oil prices started the week the same way they have ended the previous week, with moderate falls; the upcoming OPEC meeting in which OPEC will set up its oil production in 2011 might affect the future oil prices. Let’s…
The Turmoil in Middle East continues – Yemen and Syria update
Yemen The recent reports from Yemen are that there was an attempted murder on President Ali Abdullah Saleh, the current president of Yemen by a bombing of his palace in Sana’a. According to the current reports, He managed to escape…