Crude oil prices are still at a high level and continued to crawl up their price level. They have started off the week with falls that by the end of the week reversed direction as oil prices increased. There might…
Oil prices finished yesterday with high rises, after they haven’t shown much of change in the last couple of months. Let’s try and figure out what is installed for us today. Here are main news items for today, April 21s…
A big day was yesterday for major commodities as oil and gas prices rose along with precious metals prices; Crude oil prices (WTI spot and Brent oil) inclined; and natural gas spot prices (Henry Hub) bounced back yesterday with a…
The oil market is still hot as oil prices are nearing their record level from 2008, yet this passing week they haven’t done much as oil finished at its initial price level from the beginning of the week. The turmoil…
The week ended with crude oil prices (WTI spot and Brent oil) increased; Gold and silver prices also increased; and natural gas spot prices (Henry Hub) moderately increased. Here is a summary of the changes in commodities and precious metals…
The Goldman Sachs effect is still upon the oil market and oil prices fell yesterday for the second straight day. As a result, WTI price reached its lowest level this month. Will this downward trend continue? Let’s examine the…
Crude oil prices started April with moderate rises; the main news from last week, including the ongoing war in Libya and the recent US Labor report had little to no affect on oil prices. Current oil prices are moderately rising.…
Crude oil prices closed the month of March with rises partly might be due to the expiry of the April futures. Current oil prices are moderately rising. Here’s the main news items relates to the crude oil market for April…
Despite the uprising in the Middle East and North Africa, and the ongoing adverse ramifications of the tsunami attack in Japan (see here for more on these news and their relation to crude oil prices), crude oil prices didn’t fluctuate…
As the turmoil in Japan progresses, so does the effect it has on the financial markets. Yesterday major energy commodities prices declined, including crude oil spot price. Gold and silver prices also fell for the second straight day, and natural…