It was on January 2009, when it was first announced the finding of Natural Gas caches off the shores of Israel that is estimated at roughly 250 BMC, or an expected worth of 15 billion USD. Ever since, there is…
How much will it cost you to heat your house this upcoming winter?Prepare for a rise in Propane Prices
How much you think you will have to pay for heating your house? If you guessed it’s going to be higher then what you were paying last winter, you guessed correctly. According to the weekly report made by the EIA (The…
Crude oil and natural gas prices update for 11th of November
Energy Prices Crude oil price of (futures for December 2010), as of 10.47AM GMT, on the New York Mercantile Exchange (Nymex), is at 88.35 USD per barrel, which represents a 0.54 dollar increase or a 0.61% incline. The WTI spot price settled yesterday at…
Crude oil and natural gas prices update for 10th of November
Crude oil price: after a slow start from the beginning of the week it seems that there is starting a small rely as it pick up a bit of action and climb gradually to the 90USD/b mark, yet crude oil price…
Crude oil and natural gas prices update for 9th of November
There is a continuous small increase in the crude oil prices along with other major energy commodities, but still it’s a long way from the high rally that occur last week.
The Relationship between Dollar/Euro and Crude Oil Price – Fact or Fiction? – 9th of November
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