Natural gas spot price increased yesterday, mainly due to the cold weather in the US; Gold and silver prices continue to zigzag as they inclined yesterday; crude oil price fell after it inclined on Wednesday. Let’s quickly review the changes…
In the recent EIA energy report, which was published yesterday, and pertaining crude oil price and petroleum stocks, there is an analysis of the major producers and refineries of oil financial reports for the third quarter of 2010. The main…
Oil and Gas prices rose yesterday, however each of these commodities inclined for a different reason. Gold and silver prices continue to zigzag as they declined yesterday. Today the EIA will publish its report on natural gas storage and consumption.…
Following the news from Egypt in which President Hosni Mubarak announced he won’t seek another term in presidency, it seems that the pressure in the energy markets has subsided a bit as WTI crude oil price declined, while Brent oil…
The latest news from Egypt is that later on today a huge protest in Cairo will be held. The purpose of the rally is to demand from the President Hosni Mubarak to step down from his presidency. In preparations for…
In crude oil price, there is an ongoing rise in the gap between WTI and Brent oil spot. An investor should watch out for the pitfalls when trying to profit from this spread. I will present here a couple of…
The Egyptian riots have subsided over the weekend, however they are planed to renew tomorrow with a big protest. On Friday, crude oil price rose by several percent points. The protest tomorrow will probably set the tone for the rest…
Here is a weekly outlook for the week of January 31st to February 4th showing the news items and reports that will be published this coming week mainly related to the US, Canada and EURO economies. In addition, to the…
Crude oil price continued to fall all through the last week, up to the weekend, in which the riots in Egypt started to escalate. This news caused crude oil price to rise sharply. Here is a weekly recap for January…
The Middle East is heating up… The Egyptian riots are renewed despite the steps taken by President Hosni Mubarak after his speech. As a result crude oil price sharply rose during the last day of the week, gold and silver…