The price of natural gas sharply rose in the past few weeks and could pass the $3 mark in the very near future. The low prices of natural gas were one of the reasons (according to many analysts) for the…
Coffee prices had declined during most of the year except for the rally they have had in recent weeks. This rally however coincided with the rise in many other commodities prices such as oil prices. Despite the fall in coffee…
The oil market heated up in the past couple of weeks; after oil price had tumbled down during most of May and June, on the last day of June oil prices took a sharp turn and hiked. Since then there…
The price of BP plc (NYSE:BP) rose last month by 11.2% and thus completed one of the best performing months in 2012. Will this rally last? Let’s examine the recent developments related to BP including the settlements of the 2010 oil…
The price of oil continues to fall and within two months it declined by nearly $20. This downward trend continues. At the same time, the leading energy companies including Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) didn’t seem…
The price of natural gas rose in recent weeks. Furthermore the stock price of Chesapeake Energy Corporation (NYSE: CHK) also started to pick up in recent days. Will this rally last? Let’s examine the latest news related to Chesapeake and…
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…
In the upcoming FOMC meeting to be held between June 19 and 20 many bullion traders will pay close attention to the FOMC statement and Bernanke’s press conference. If there will be so much a whiff of another stimulus plan…
The U.S. Monetary base decreased again during May by 0.92%. This news could suggest that gold will continue to trade down during June (assuming all things being equal). The strong relation between U.S. Monetary base and the changes in gold…
Oil has tumbled down in recent weeks and in the process it dragged along with it many energy stock prices including the leading energy stock Chevron Corporation (CVX). Oil prices and by extension United States Oil (USO) has lost over…