The turmoil in the Middle East takes another turn, this time it’s Iran entering the list of countries with violent riots between citizens and armed forces, also the Libyan turmoil continues, all these news probably affected crude oil price as…
Precious metals continue their rally with rises in gold and silver prices during most of last week. Gold prices even passed last week the 1,400$/t oz. mark, a price it hadn’t been at since the beginning of January 2011. According…
Libya’s turmoil continues; President of the US – Barack Obama said that the US will take steps against Libya, including economic and commercial sanctions, in an attempt to stop the bloodshed. The ongoing uncertainty in the Middle East continues to…
The Middle East never was a peaceful place to begin with; however the current volatile situation in many countries in the Middle East is something that even this region hasn’t seen in a long time. As the protestors in Libya…
The Middle East turmoil sets its toll on the energy markets, mainly crude oil, as the prices of oil soared yesterday and on Monday as the riots and uprise in Libya continues with no apparent end in the horizon. Let’s…
Precious metals continue their rally with ongoing rises in gold and silver prices during last week. At the current rate it will be no time before gold will soon pass the 1,400$/t oz. mark (providing of course this rally will…
Let’s review the main changes in major energy commodities market and precious metals for February 18th: Oil and Gas prices: Crude oil price (WTI spot) continue its rally, after rising on Wednesday by 2.24%, yesterday it inclined by 1.61% as…
Let’s quickly review the changes in major energy commodities market and precious metals for February 16th: Oil and Gas prices: Crude oil price (WTI spot) after falling for three straight business days, it bounced back yesterday with a 2.24% increase…
Let’s quickly review the changes in major energy commodities market and precious metals for February 15th: Oil and Gas prices: Natural gas spot price (Henry Hub) after declining for seventh straight business days, it broke its fall yesterday with a…
The precious metals market continues its comeback from the slow down it had during January. During the week of 7th to 11th February, gold and silver prices showed strength at the beginning of the week, however slowed down at the…