Tag: crude oil prices

Where is The Price of Oil Headed?

Four Week Average Oil Production (Million Bld) weekly oil price 2011 2012

The price of oil experienced high volatility in the past couple of weeks. But despite this high volatility the price of oil remained close to its starting point from the beginning of month. Will this high volatility in the oil…

Crude Oil Prices – Weekly Recap October 8-12

oil chart WTI Brent - percent change October 8-12 2012

Crude oil prices changed direction and traded up on a weekly scale. Despite their rally they have zigzagged throughout the week but ended up rising on a weekly scale. The difference between Brent and WTI slightly rose again during last…

U.S. Consumer Confidence Bounced Back in September

The U.S consumer confidence index changed direction and rose during September, after this index had fallen during August. . According to the latest U.S. consumer confidence survey, the consumer confidence index rose in September compared with August’s index: The index…

U.S Retail Sales Slipped in June – July Report

Retails and foods services sales edged down again in June 2012 compared with May’s sales, but were above the sales at June 2011. The U.S. Department of Commerce published its monthly report on the developments in the U.S. retail and…