U.S. New Home Sales Declined in December 2012

house

The U.S. Census Bureau reported (opens pdf) on the changes in number of new homes sold in the U.S during December 2012: the number of new homes sales declined compared with the number of new homes sold during November 2012.…

Oil Prices – Weekly Recap January 21-25

Working oil pumps

Crude oil price continued to trade up during last week. The U.S stockpiles declined according to the recent EIA report. The difference between Brent and WTI slightly expanded to a range between $16 and $17 during the previous week. Brent…

Natural Gas – Weekly Recap January 21-25

Blue flames

Natural gas (short term delivery) changed direction and declined during last week and this downfall came despite the recent storage report in which the natural gas storage fell by a sharper rate than the average five years. According to the…