According to the latest petroleum and oil weekly report prepared by the Energy Information Administration, there is an analysis on the consumption in gasoline which has remained nearly unchanged in recent years. During last week there was a decline in…
Major commodities traded in a mixed trend during Wednesday: WTI oil price edged up while Brent oil price declined; further, gold and silver changed direction and decreased yesterday, after they had risen for two consecutive business days; natural gas Henry…
There was no trading on Monday at Nymex or CME due to the an American National Holiday (Labor day): Brent oil edged up on the first trading day of the month; gold and silver remained unchanged but were traded up…
Many major commodities prices rose on Friday: crude oil price (WTI) and Brent oil hiked on the last day of the month; gold and silver changed direction and hiked after they had declined for three consecutive days; natural gas Henry…
Crude oil prices didn’t do much during most of the week despite the expectations that hurricane Isaac might have adversely affected the oil market in the U.S. The gap between Brent and WTI slightly shrunk again during last week. The oil…
According to the recent petroleum and oil weekly report done by the Energy Information Administration, there is an analysis on the crude oil inventories and the tightening of the oil market. During last week there was a rise in the…
Crude oil prices took a pause from their recent upward trend of the past several weeks and remained nearly unchanged during last week. Further, the gap between Brent and WTI also didn’t change much and slightly dwindled. The recent publication…
Many commodities traded down on Friday: crude oil price (WTI and Brent oil) declined again; gold and silver, on the other hand, traded up on Friday – this was the fifth consecutive day in which silver rose; natural gas Henry…
Following the recent publication of the minutes of the FOMC meeting there are renewed expectations of another stimulus plan. In the meantime, many commodities traded in a mixed trend on Wednesday: crude oil price (WTI) increased again while Brent oil…
According to the latest petroleum and oil weekly report prepared by the Energy Information Administration, there is an update on west coast gasoline markets. During last week there was a decline in the U.S stockpiles: the total U.S oil and…