Tag: China’s PMI

Oil Weekly Outlook for July 29 – August 2

The price of oil (WTI and Brent) changed direction and fell last week: WTI declined by 2.94%; Brent oil, by 0.83%. As a result, the premium of Brent oil over WTI expanded; the premium ranged between $1.2and $2.5. According to…

Gold And Silver | Weekly Recap for July 22-26

Gold and silver spiked on Monday but by Friday both precious metals slipped. On a weekly scale, however, both gold and silver rallied even though they had a mixed trend during the week. In the U.S several reports showed positive…

Oil Weekly Outlook for July 22-26

The price of oil (WTI) rallied again during last week: WTI rose by 1.81%; Brent oil, on the other hand, slightly decreased by 0.68%. As a result, the premium of Brent oil over WTI plummeted; the premium ranged between $0.2…