Crude Price Outlook

Oil prices declined from their 31-month high, after the Saudi Arabian national oil company announced that they were not comfortable with the high level of oil price. WTI fell by 0.13 percent at USD $ 112.13 a barrel, while Brent registered a slight increase of 0.10 percent to be at USD $ 123.78 a barrel….Read more

In the following series of posts, we shall delve deeper into analyzing crude oil in terms of its relative price in different currencies, the correlations between different currencies and oil prices, and the correlation between crude oil and gold.   Crude Oil Analysis: Correlation of Crude Oil Price with Gold Price We shall now look…Read more

In the following series of posts, we shall delve deeper into analyzing crude oil in terms of its relative price in different currencies, the correlations between different currencies and oil prices, and the correlation between crude oil and gold.   Crude Oil Analysis: Correlations of Crude Oil Price with Various Currencies We shall now be…Read more

In the following series of posts, we shall delve deeper into analyzing crude oil in terms of its relative price in different currencies, the correlations between different currencies and oil prices, and the correlation between crude oil and gold.   Crude Oil Analysis: Correlation between WTI and Brent There has been a spread, or a…Read more

In the following series of posts, we shall delve deeper into analyzing crude oil in terms of its relative price in different currencies, the correlations between different currencies and oil prices, and the correlation between crude oil and gold. Crude Oil Analysis: Relative Price of Crude Oil in terms of Different Currencies In order to…Read more

This is the second post of a two-part series in which we shall be looking into the trailing correlation between world crude oil prices and the two benchmark price indexes, Brent and the WTI. Oil extracted from different countries have their own characteristics, and are referred to by their own names. Dubai Fateh is light,…Read more

    This is the first post of a two-part series in which we shall be looking into the trailing correlation between world crude oil prices and the two benchmark price indexes, Brent and the WTI. There are several different types of crude oil which are extracted and refined worldwide. However, two of these standardized types are…Read more

The Greenback lost its value against the other major currencies on account of speculation that the US Federal Reserve shall continue to maintain zero interest rates. The Euro increased by 0.0629 percent against the Greenback to USD $ 1.4561, while the dollar was to 81.8848 Yen. Meanwhile, the Australian dollar was to 87.9924 Yen. The…Read more

  The price of gold increased for a third straight week, as a weak dollar and concerns about global debt levels induced investors to trade in the precious metal in order to hedge their investments against possible losses. The market closed for the Easter holidays on Thursday with gold future for June delivery priced at…Read more

The Commodities market closed in for the week for Easter on Thursday, the 21st of April 2011, with the rate of increase in the price of crude oil decreasing slightly. The market closed with WTI crude future priced at USD $ 112.29 a barrel, increasing by 0.75 percent, while Brent registered a slight price hike…Read more