The Bureau of Labor Statistics came out with its recent report of the U.S CPI for January 2013. Based on the latest report, the consumer price index remained flat for the second consecutive month; in annual terms the US CPI…
OPEC’s 161st meeting was held last week; according the press release, OPEC ministers agreed to maintain the current oil production in 2012, i.e. the production ceiling will remain at 30 Mb/d. Some already speculate Saudi Arabia may cut its oil…
The main energy Commodities prices sharply rose yesterday following the improvement in the manufacturing sector in the U.S according to the recent U.S PMI report. On the other hand gold and silver prices slightly decreased. Finally, the Euro edged down…
After a couple of days in which oil prices plummeted along with the U.S and Europe stock markets all awhile gold prices rallied; the tables have turned coming Wednesday as gold and silver prices edged down while crude oil prices…
Many commodities prices continued yesterday their upward trend but at a slower pace than they have had on Tuesday: crude oil prices moderately increased; gold price also rose, while silver slightly declined; natural gas future price also rose yesterday. The…
Major energy commodities continued to rally despite the modest changes in other financial instruments such as the moderate changes in the American stock markets indexes. Crude oil continued to trade up. Natural gas spot price (Henry Hub) also kept on…
Gold price keeps on rising and is nearing the $1,800 mark; silver price has also followed and recorded yesterday gains; crude oil prices bounced back and rose very sharply yesterday despite the falls in the stock markets and the appreciation…
Crude oil prices moderately inclined yesterday. The EIA natural gas market report was published yesterday and presented an increase in natural gas storage of 43 Bcf. Today, the Euro Area inflation rate will be published, the U.S. advance estimate of…
Crude oil prices finished yesterday with a mixed trend again as WTI spot oil rose and Brent oil slightly fell. Today, the core CPI of Canada will be published. Here’s a short analysis and outlook of the crude oil market…
Crude oil prices finished yesterday with moderate rises following the moderate fall on Monday. Today, the US existing home sales will be published and the EIA petroleum market analysis report. Here’s a short analysis and outlook of the crude oil…