Crude oil prices continued their upward trend as both Brent oil and WTI oil prices rose during last week. The ongoing tension between Iran and the West may have been among the factors to trade up oil and maintain a…
Crude oil prices didn’t move in the same direction during last week as Brent oil price rose, while the price of WTI oil declined. The ongoing concerns revolving the boycott of Iranian oil by the West may have been among…
Crude oil prices didn’t do much during last week despite the many news items that were published including the U.S. GDP report for Q4 2011. There are still tensions between the speculation revolving the stability of Euro Area and thus…
Crude oil prices sharply declined during last week following many commodities traders’ disappointment from the FOMC meeting for not issuing another stimulus plan that may have pushed up the price of commodities. The recent OPEC meeting ran smoothly as the…