Tag: crude oil price

Oil and gas prices outlook– 9 February

Let’s examine the energy markets and the related news that might affect major commodities’ prices such as crude oil price for today, February 9th: Bloomberg reports a rise in WTI crude oil price today, as they announce of a decline…

U.S Labor report showing decline in unemployment

On Friday, February 4th, the Bureau of Labor Statistics published the U.S. employment report for the month of January 2011. According to the report, the U.S. unemployment rate fell by 0.4 percent point during December, from 9.4% to 9.0%. This…

Oil prices fell despite Middle East turmoil –February 4

Crude oil price fell yesterday, along with other major energy commodities including natural gas spot price; Gold price also declined while silver prices rose yesterday. Let’s quickly review the changes in major energy commodities market and precious metals for February…