The second week of 2011 is underway, here is a weekly outlook for the week of January 10th to 14th showing the news items and reports that will be published this coming week mainly related to the US, Australia and…
Tag: crude oil price
U.S Labor report and its effect on crude oil price & spot gold price
Last week the Bureau of Labor Statistics published the U.S. employment situation report for the month of December 2010. The report shows an improvement in the labor stats in the U.S. as the unemployment rate fell by 0.4 percent point…
Crude oil price and Natural gas spot price – Weekly recap Jan 3-7
Last week there was a downward trend in crude oil price and natural gas spot price (except for New York City Gate Spot) as I will present in this weekly recap analysis of major energy commodities for the week of…
Crude oil & natural gas prices update – daily recap Jan 7
Crude oil price (WTI), continues to fall for the second straight day as it decreased yesterday by a moderate 0.4%. For natural gas spot price there is an ongoing decline for the Henry Hub spot price, yesterday by over 1%…
Natural gas & Crude oil price update – daily recap Jan 6
Crude oil price (WTI), continues to zigzag as it rises for one day and falls in the next. Yesterday, it fell by over 2% after it had risen by over 1% in the previous day. Bloomberg considers yesterday’s crude oil…
Crude oil stocks review – January 6
Here is a weekly review on crude oil stocks for the last week of the year 2010: Crude oil Stocks of the passing week: According to the recent EIA report, crude oil stocks continue to fall as the winter progresses…
Crude oil price bounced back above 90$ – daily recap Jan 5
Yesterday, Crude oil price (WTI), after falling sharply on Tuesday by over 2.3%, it bounced back with a 1% increase reaching 90.3 USD/b. The picture is different for natural gas prices: The natural gas spot price (Henry Hub) after rising…
Crude oil price in 2010 and outlook for 2011
As part of my series reviewing energy commodities in 2010, I present here the main changes that occur to crude oil price (WTI spot price) during 2010, and show what could affect crude oil price in 2011. Crude oil price…
Gold and silver prices showed a steep fall – daily recap Jan 4
After Monday’s big rises for most energy commodities, there was a very sharp turn as crude oil price fell sharply by over two percent. Later on today the EIA (Energy Information Administration) will issue its weekly report on the US…
Monthly recap of natural gas & crude oil prices – December 2010
As Part of the final summations on 2010, here is a short review on the main changes that occur to the natural gas spot price (Henry Hub) and crude oil price (WTI) through the month of December, and their relationships…