Crude oil prices ended the week with slight declines, after they had risen for two straight days (three days for Brent oil). The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…
Crude oil prices started the week with very sharp falls over the free fall in the major stock markets; the falls were probably stimulated by the news of the downgrade in US’s credit rating; this news came after the House…
Crude oil prices inclined for the second straight day (third for Brent oil) after they had fell during most of last week. The shift might be related, in part, to the recent rise in the stock market, including the S&P500.…
Crude oil prices bounced back and trimmed part of the falls they had recorded in recent days. Today, the Canadian and American trade balance reports will be published, ECB monthly bulletin, EIA natural gas report and US unemployment claims, Yesterday,…
Crude oil prices started August with very sharp falls, the steepest declines since May 5th back when the US dollar strongly appreciated against the Euro. The recent drop in crude oil prices is related, in part, to the sharp falls…
Gold and silver prices bounced back and finished yesterday in the green after they had declined on Monday; crude oil prices fell for the third straight business day; natural gas spot price (Henry Hub) very moderately inclined. Here is a…
Crude oil prices finished yesterday with moderate falls after the U.S. House approved raising debt ceiling to $16.4 trillion. This news has brought back some stability to the market. Today, the U.S. Personal Spending report will be published along with…
Crude oil prices continue to seek direction as WTI spot oil price gained only 0.9% to its value since July 7th up to date; Brent oil price, over the same period gained only 0.3%. Today, the U.S. durable goods report…
Crude oil prices finished the week with moderate rises but they are currently traded moderately down. Today, the Governor of the Reserve Bank of Australia will give a speech. Here’s a short analysis and outlook of the crude oil market…
Crude oil prices started to rise again and finished the week with moderate increases; Brent oil price added 1.06% to its value, and WTI spot oil inclined by 3.86%, resulting in the spread between Brent oil and WTI oil reaching…