Tag: crude oil prices

U.S. Consumer Confidence Declined in January

Following the growth in the U.S consumer confidence index during December, this index changed direction and decreased in January. According to the recent U.S. consumer confidence survey, the consumer confidence index declined in January compared with December’s index: The index…

Oil Stockpiles Declined by 4.2 M Bbl – January 26

In this week’s Energy Information Administration petroleum report there is an analysis on the regional trend of crude oil purchase costs. According to the weekly update, crude oil stockpiles fell last week by 4.2 million barrels; crude oil prices slightly…

U.S. Pending Home Sales Fell in December 2011

According to the recent U.S. pending homes sales report the market changed direction as  pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.…

Oil Stockpiles Decreased by 2 M Bbl – January 19

In this week’s Energy Information Administration petroleum report crude oil stockpiles decreased last week by 2 million barrels; crude oil prices changed direction and fell. Here is a weekly review for the week ends on January 13th of the U.S.…

IEA Revised Down 2012 Global Oil Demand– January Report

Today, the IEA – International Energy Agency published its monthly report on the global crude oil market as of December 2011. According to the report, during December, OPEC’s oil production rose to 30.89 million bbl/d compared with November’s average oil…

Oil Stockpiles Slightly Rose by 3 M Bbl – December 29

Here is a weekly review for the week ends on December 23rd of the U.S. oil and petroleum market: Crude oil Stockpiles U.S. petroleum and crude oil stockpiles changed direction again and increased during last week by 3.1 million barrels, or by 0.18%.…

U.S. Pending Home Sales Rose again in November 2011

According to the last U.S. pending homes sales report the market continues to rally as there was another increase in pending home sales during November 2011; the November 2011 U.S. pending home sales index was also well above the November…

U.S. Consumer Confidence Rose in December

Following the rise in the U.S consumer confidence index during November, this index inclined again in December. According to the recent U.S. consumer confidence survey, the consumer confidence index rose in December compared with November’s index: The index reached in…