Crude oil prices declined during most of the week until Friday when both WTI and Brent oil prices hiked following the better than expected non-farm payroll report. Further, the premium of Brent over WTI also grew. On the other hand…
Major commodities declined during the second day of August after there weren’t any changes in the monetary policy of the major Central Banks including FOMC and ECB: crude oil price (WTI) fell while Brent oil edged up on Thursday; gold…
Major commodities were traded with mixed trend during the first day of the month: crude oil price (WTI) rose while Brent oil decreased again on Wednesday; gold and silver prices continued to decline; natural gas Henry Hub (August delivery) and…
According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis on the high levels of operations in refineries in the Central U.S. During last week there was a drop in the…
Crude oil prices started the week with very sharp falls that changed to gains throughout the rest of the week. Further, the premium of Brent over WTI also expanded. The news of the decline in new home sales and pending…
The Euro rose again for the second consecutive day; this time the ECB President’s statement about preserving the Euro may have contributed to the recovery of the Euro during yesterday. Most major commodities also rose during yesterday’s trading: crude oil…
According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis and update on the status of East Coast Refineries. During last week there was a sharp rise in the U.S stockpiles:…
Most major commodities didn’t do much during yesterday’s trading: crude oil (WTI) price edged up while Brent oil declined; gold price edged up while silver slipped. Natural gas Henry Hub (August delivery) and spot price continued to trade up.…
Crude oil prices including WTI and Brent tumbled down during the first day of the week. This was the second consecutive business day in which oil rates declined. Natural gas Henry Hub (August delivery) and spot price continued to rally.…
Crude oil prices continued to rally during last week. Further, the gap between Brent and WTI was also expanded. The news of the increase in the Philly Fed index and housing starts may have contributed to the increase in oil…