There is an old paradigm among analysts of crude oil prices vis-à-vis to the Dollar/Euro exchange rate: in many cases analysts quote the level of correlation between the two indexes and conclude that due to their high level of correlation they assume a cause and effect relationship
Oil and Gas Prices Crude oil price (December 2010 futures), as of 19.45PM GMT, on the New York Mercantile Exchange (Nymex), is at 86.96 USD per barrel, which represents a 0.11 dollar increase or a 0.13% incline. The WTI spot crude oil price…
Here is a weekly recap of the main changes that occurred in crude oil price along with a short analysis for the week ending at November 7th: The second stage of the Quantitative Easing in the US was announced by…
After that all eyes were set to the main changes and decisions that took place in the US (including the quantitative easing decision by the Federal Reserve which I have elaborated herein, and the mid term elections for the house…
Now that the quantitative easing – second stage, is on its way, it could stir up crude oil price; As a result, we might consider oil as a good investment for now. Let’s review some issues that occurred this passing week,…
After the big hype over the crude oil price yesterday, it seems that the speculations continue and the crude oil price still on the rise as hedge funds continue to bet that Ben Bernanke will call into effect the quantitative…