Crude oil prices sharply fell during August; this decline was mostly during the first few days of August. The end of the Libyan civil war during August didn’t affect much oil traders as oil prices continued to rise during the…
Crude oil prices started off July with sharp rises, but afterwards stabilized and ended the month with moderate falls. The same can’t be said for August that started with very sharp falls. Will this trend continue throughout August? I will…
Crude oil prices finished yesterday with moderate rises for the second straight day. Today, Ben Bernanke will give a speech, there is also a summit scheduled of the European leaders to decide about the Greek bailout program (see here for…
Crude oil prices continue to decline as the Euro keeps on freefalling. Today, the Canadian and American trade balance will be published along with July’s OPEC report. Here’s a short analysis and outlook of the crude oil market for today,…
Crude oil prices start the second week of July with falls, the same way they have ended last week. Today, the Canadian Housing starts and business outlook survey reports will be published; the Bank of Japan will publish its monetary…