The markets are storming and we cover it all: from the still strong economy of the UK through the big tumble in oil prices and finally with a wide coverage of everything causing the global gloom in stocks, bonds and…
United States Oil (USO) tumbled down again in the past few months and reached its lowest level this year. Also, the price of WTI oil plunged by over 10% this month (up to date) to $82. Will prices keep coming…
6 years after the crisis broke out, how far has the improvement in the US job market gone? We begin with this big picture overview and continue to a rundown of the FOMC minutes which triggered a huge market reaction. We…
United States Oil (USO) resumed its downward trend as it fell by nearly 3% since the beginning of October. Let’s review some of the latest developments related to USO that could impact its direction and performance. The chart shows the…
During last month, the price of United States Oil (USO) declined by nearly 4.5%, while the price of oil (WTI) fell by 5.5%. Brent oil also fell by over 8.8% in the past month. Let’s examine some of the latest…
The price of United States Oil (USO) slightly declined in the past few days but it still hasn’t moved much from the $34 to $35 price range. Nonetheless, this oil ETF dropped by 3.7% since the beginning of the month…
Oil prices remained relatively stable in the past few days as WTI oil price has been trading around $93-$94 and Brent oil at $97-$99. United States Oil (USO) is also relatively stable at $34-$35. Looking forward, the latest updates from…
The oil market resumed its downward trend in the past few days as WTI oil price fell to $92 and Brent oil dropped below $100. United States Oil (USO) also followed and declined by 3.2% since the beginning of the…
The price of oil dropped again last week by 3.8% to the $93 mark. United States Oil (USO), the oil ETF also slipped by 1.4% in the past week. Oil prices could continue to come down due to recent developments…
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…