The oil market cooled down very rapidly in the last few days: the price of WTI oil and by extension United States Oil (USO) has tumbled down during May by nearly 18% – the sharpest monthly fall in over a…
Will Oil Prices Continue to Fall?
Tag: Oil Prices
Just Don’t Blame the Decline in Chesapeake on Oil
The price of oil has sharply declined in recent weeks and by extension United States Oil (USO) has also tumbled down in recent weeks. In addition there is an ongoing decline in the stock price of Chesapeake Energy Corporation (CHK);…
Silver and Oil Trade Up on Tuesday–Recap March 13th
Major commodities prices didn’t do much yesterday as crude oil prices slightly rose, while gold price moderately declined. Silver price on the other hand edged up yesterday. Natural gas future price bounced back from its decline on Monday. The rise…
Commodities Ended the Week with Light Changes –Recap December 23
Major commodities prices didn’t move on the last day of the week in the same direction as gold price slightly slipped, while silver price moderately inclined; crude oil prices slightly rose, while natural gas (Henry Hub) prices sharply declined.…
Silver and Oil Rallied From Monday’s fall –Recap December 13
Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude…