The energy commodities continued to rally yesterday following the positive news of the slight increase in the Philly Fed index. Crude oil prices including WTI and Brent hiked for the sixth consecutive day; natural gas Henry Hub (August delivery) and…
The energy commodities traded up yesterday following the positive news of the rise in housing starts. Crude oil prices including WTI and Brent rose for the fifth consecutive day; natural gas Henry Hub (August delivery) and spot price also rose.…
In this week’s petroleum and oil weekly update by the Energy Information Administration, there is an update on the recent developments in exports of Ethanol. The total U.S oil and petroleum stockpiles increased during last week by 1.4 million bl.…
Crude oil prices including both WTI and Brent continued to trade up and rose for the fourth consecutive day; gold and silver rates edged down for the second consecutive day. Natural gas Henry Hub (August delivery) and spot price also…
The recent weakness of the U.S stock market which is reflected in the low growth of the S&P500 index might be among the key factors to pull down Exxon Mobil Corporation (NYSE: XOM). The upcoming publication of the financial reports…
Crude oil prices started to rise again during last week. Further, the gap between Brent and WTI was also widened. The recent OPEC report and IEA monthly update showed that there was little change in OPEC’s production. The disappointing GDP…
Major commodities didn’t do much yesterday: Crude oil prices including both WTI and Brent edged up on Thursday; gold declined again for the third consecutive day, while silver rose for the second straight day. Natural gas Henry Hub (August delivery)…
In this week’s petroleum and oil weekly update by the Energy Information Administration, there is an analysis of the recent updated WTI and Brent oil outlook. The total U.S oil and petroleum stockpiles changed direction and rose. The stockpiles increased…
According to the recent July report by the Organization of the Petroleum Exporting Countries in regards to the recent developments in the crude oil market, the OPEC oil production slightly declined during June compared with May’s oil production levels. OPEC’s…
Crude oil prices continued to zigzag from gains to losses. The recent ECB rate cut by 25pp to 0.75% its lowest rate may have contributed to the decline in oil prices via the Euro/USD exchange rate. The disappointing U.S non-farm…