The zigzag in crude oil prices during this week only shows of the many factors that affect them, and the high speculation that surrounds the financial markets; Let’s examine the recent news related to the crude oil market for…
Tag: spot oil
US Petroleum stocks keep on soaring – May 12
The recent Energy Information Administration petroleum report examined the relationship between the retail gasoline prices and the NYMEX Harbor reformulated gasoline before oxygenate blending (RBOB) futures prices. Here is a weekly review of the EIA petroleum report regarding crude oil…
Oil prices start the day with moderate falls – Oil outlook 11 May
Crude oil prices continued to rise yesterday, but currently crude oil prices are traded with moderate falls; Let’s examine the recent news related to the crude oil market for today, May 11th: Crude oil prices – May Yesterday, crude oil…
Oil, gold and silver prices kept on rising yesterday – May 10
The second day of the week kept on showing rises in major commodities prices, including crude oil (WTI spot oil and Brent oil), gold and silver. Here is a summary of the changes in commodities and precious metals for May…
Crude Oil Prices Daily Outlook 10 May
Following the rapid falls in crude oil prices during last week, oil prices bounced back with moderate rises yesterday and are currently continue to moderately rise. What is headed for oil prices today? Let’s examine the recent news related to…
Silver prices bounced back from a week of falls to reach 37$ – May 9
The first day of the week started off at a very different way than last week finished off. Silver prices made a comeback following a week long of falls, the same goes for most of the major commodities including crude…
Following the oil prices falls last week what’s up ahead? Oil outlook 9 May
Following the rapid falls in crude oil prices during last week, oil prices seem to bounce back with moderate rises. What is headed for oil prices today? Let’s examine the recent news that is related to the crude oil market…
Oil prices fell very sharply yesterday, what’s next? – Oil outlook 6 May
Crude oil prices fell very sharply yesterday. These falls were related, in part to the 2% bump in USD compared to EURO. What is headed for oil prices today? Let’s examine the recent news related to the crude oil market…
Oil prices crashed and burned yesterday – May 5
Yesterday, crude oil prices fell very sharply by the largest scale in over two years. Gold and silver prices continued their descent as well. There are several factors that might have contributed to this financial market shock and it’s probably…
Oil prices continued to fall what’s next? – oil outlook 5 May
Crude oil prices are currently falling very precipitately; after WTI spot oil price declined for three straight days by a total of 3.7% and Brent oil by 4.7%, current oil prices (see below) show drops of nearly 6%. What is…