Gold and silver prices continue to zigzag and slightly inclined yesterday, after they had declined a day earlier; crude oil prices also sharply inclined; natural gas spot price also changed direction and inclined yesterday. Here is a summary of the…
Gold and silver prices started the first week of October rising after they didn’t perform well in September (and that was an understatement); crude oil prices, on the other hand, sharply declined on the first business day of October; natural…
Gold and silver prices continued their downward trend they have started during the second part of last week. Yesterday, however they have declined by a moderate rate. Crude oil prices bounced back form the falls of last week and slightly…
Major commodities rebounded from the sharp falls they have endured on Monday and ended yesterday with moderate rises. Gold and silver prices rose but are still below their initial level from the beginning of September; crude oil prices changed direction…
Gold and silver prices changed direction again and ended yesterday sharply decreasing; crude oil prices continued last week’s trend and declined as well; natural gas spot price (Henry Hub) also declined yesterday. Here is a summary of the price movements…
In the recent Organization of the Petroleum Exporting Countries report the OPEC oil production slightly inclined during August compared to July 2011; the report also predicts Libya will reach a production level of 1 million bbl/d within six months. OPEC’s…
In the recent Energy Information Administration petroleum report, there is an analysis of the shift in the US oil production that has been rising for the past couple of years, after it had been declining in the last couple of…
In this week’s Energy Information Administration petroleum report, there is a review of the fuel taxes on a federal and state level in the U.S. It is shown that there has been a rise in the federal tax on gasoline…
In this week’s EIA report, there is an analysis of the transportation fuel market and there is an outlook for the fuel prices in this coming summer. Here is a summary of the EIA petroleum report about crude oil price…
This week’s EIA oil report provides an analysis about the high prices of Jet fuel. Currently the premium of Jet fuel prices over Brent oil has reached its highest level since mid 2008. Here is a summary of the main…