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…
Crude oil price weekly recap for the week ending November 7
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…
Crude oil price and natural gas prices update for 5th of November
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…
How will the Quantitative Easing affect the Crude oil price – 4th of November
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,…
Crude oil and natural gas prices update for 2nd of November
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…
News for the week on crude oil and natural gas -November 1
Main News This week and the month of November started with a price boom of the main energy commodities in particular crude oil prices as I will present herein. Furthermore, this week there is also the quantitative easing decision to…