Crude oil prices started the week with sharp gains that switched to falls by the end of the week. One of the factors that may have contributed to the drop in crude oil prices was the disappointing US labor report.…
Crude oil prices started the week with very sharp falls over the free fall in the major stock markets; the falls were probably stimulated by the news of the downgrade in US’s credit rating; this news came after the House…
Crude oil prices started August with very sharp falls, the steepest declines since May 5th back when the US dollar strongly appreciated against the Euro. The recent drop in crude oil prices is related, in part, to the sharp falls…
Following the vote in House of Representatives in which the $2.1 trillion US debt ceiling hike was approved, the US dollar soon followed and appreciated against major currencies mainly the Euro. Major commodities started August with falls as gold and…
Crude oil prices didn’t change much during the past couple of weeks; last week wasn’t any different as crude oil prices moderately declined after they had moderately inclined the week before. The US GDP 2011 Q2 didn’t grow by a…
Gold and silver prices changed direction yesterday and finished the week rising; crude oil prices on the other hand fell sharply; these shifts in commodities prices might also be related to the recent US GDP Q2 2011 report that showed…
Gold and silver prices changed direction yesterday as they have moderately declined and thus broke a three business days rally; crude oil prices also finished yesterday with moderate falls; natural gas spot price (Henry Hub) on the other hand inclined.…
Gold and silver prices continued the upward trend and rose yesterday for the third straight business day; crude oil prices continued to shift directions and finished yesterday with moderate rises; natural gas spot price (Henry Hub) continues to lose value.…
Crude oil prices started to rise again and finished the week with moderate increases; Brent oil price added 1.06% to its value, and WTI spot oil inclined by 3.86%, resulting in the spread between Brent oil and WTI oil reaching…
Crude oil prices picked up again and rose during most of last week; despite the news a couple of weeks back about IEA releasing 60 million crude oil barrels from its oil reserves in the next month, its effect seems…