I came across a post by Derek Thompson from the Atlantic about the main factors that affect the current crude oil prices. This is a good visual of the main factors that affect the current crude oil prices, even though…
Tag: spot oil
Oil prices outlook 4 May
Crude oil prices kept on declining for the second straight day and during May WTI spot oil price fell by 2.5% and Brent oil by 3.2%. What is headed for oil prices today? Let’s examine the oil market and the…
Major commodities fell sharply yesterday – May 3
The second day of the week wasn’t any better of major commodities including crude oil, natural gas, gold and silver as all these commodities registered yesterday major declines. Here is a summary of the changes in commodities and precious metals…
Oil prices outlook 3 May
The oil markets continue to trade down but moderately, with no clear trend yet. The news on how the US forces located and killed the known terrorist – Obama bin Laden continue to occupy the news, but after the initial…
Silver prices declined sharply yesterday – May 2
The first day of the month started off with the breaking news about the killing of bin Laden (see here for more on the subject). This news stirred up the financial markets at first, but by the end of the…
Oil prices moderately inclined last week – Weekly recap 25-29 April
Crude oil prices have continued to moderately rise during last week as the turmoil in the Middle East took another turn for the worst, and the U.S. economy didn’t show much progress. These news items may have contributed to the…
Major commodities finished the week rising – April 29
The week finished with gold and silver prices rising, along with most of the other major commodities including crude oil prices and natural gas spot prices. Here is a summary of the changes in commodities and precious metals for…
Oil prices outlook 29 April
Let’s examine the oil market for the last day of the week as current crude oil prices are traded with moderate rises. Here are main news items for today, April 29th: Crude oil prices during April Up to yesterday, April…
Oil prices outlook 28 April
Oil prices remain high and show moderate changes as their volatility fell in the last couple of weeks. Let’s examine the main news items related to the energy market including the recent events in the Middle East and US that…
Crude oil prices outlook 26 April
Oil prices started off the week with moderate changes but will the recent events in the Middle East affect the stability of the commodities markets including the crude oil market? Here are main news items for today, April 26th that…