The news from Libya continues to show that the turmoil there is far from over, and it also puts risk on the near future of Libya’s oil production. There was also additional news related to crude oil, vis-à-vis USA and…
Oil prices outlook – 7 March
Tag: crude oil price
The turmoil in Libya progresses and fueled by oil
The Libyan turmoil progresses as the fights between the rebels and Qaddafi’s people don’t seem to subside. Currently the rebels are trying to push towards the Qaddafi’s hometown of Sirte in the east. As a result the current turmoil…
U.S Labor report didn’t show improvement in employment
The Bureau of Labor Statistics published the U.S. employment report last week on Friday, March 4th, for the month of February 2011. There is an ongoing rise in job gains, however in a slower rate than reported during the previous…
Weekly outlook for Crude oil, Natural gas and Gold 7-11 March
Here is a weekly outlook for the week of Match 7th to 11th showing the news items and reports that will be published this coming week mainly related to the US, Europe, Canada China and Australia economies. Mainly there will…
Oil prices rise as Libyan turmoil progress – Weekly recap 28 Feb 4 Mar
The Libyan turmoil only continues to escalate as there are reports of dozens of causalities in Zawiyah – a city near Tripoli. The current ramifications of these fights at face value on the crude oil market were reflected in the…
Oil prices bounced back with moderate rises yesterday – March 4
Crude oil price rose yesterday after it fell on Thursday, gold and silver prices also bounced back to finish the week with big increases, and natural gas spot price fell while the Henry Hub future price declined. Let’s review the…
Oil prices outlook – 4 March
Let’s examine the energy market and analyze the effects of the recent news from the Middle East on crude oil price: Libya Turmoil update The turmoil in Libya still occupies the news as there are confrontations between the rebels and…
Norway Oil Drillers Suffer Worst Dry Spell in Decades as Reserves Dwindle
There is an interesting post on Bloomberg about the recent dry spell of Norway oil drills. This might be one the reasons for the ongoing rise in Brent oil over other major oil prices such as WTI. For more on…
Oil and gas prices fell yesterday – March 3
Major commodities fell yesterday across the boarder, including energy commodities’ prices such as crude oil price and natural gas spot price, and precious metal, including gold and silver. Let’s review the main changes in major energy commodities market and precious…
Oil prices outlook – 3 March
There are still riots in fighting in Libya, however the recent proposed that might slow down the current turmoil as news continue to come from the Middle East as the US sent two warships to the Middle East to reach…