Crude Oil, much like gold and silver , continued to trade high but didn’t move much on a weekly scale. During last week Brent added 1.16% to its value and WTI rose by only 0.66%. Will oil prices start to rise?
Crude oil is following stocks lower while gold is down as safe-haven flows boost the US Dollar amid broad-based risk aversion across financial markets.
Crude oil is inching higher on hopes the US jobs report will boost the outlook for demand while gold is flat as prices look to the data for QE3 guidance.
Crude oil and metals prices are under pressure as EU summit jitters and profit-taking weigh on risk appetite and boost the safe-haven US Dollar.
Crude oil and copper aim higher before data showing US manufacturing growth accelerated. Gold and silver may bounce but the larger trend is increasingly bearish.
Crude oil prices rose after a larger-than-expected uptake at the second ECB LTRO drove risky assets higher. Gold is looking to Ben Bernanke’s testimony for direction.
Crude oil and copper prices are under pressure amid returning risk aversion while gold and silver suffer as safety demand engineers a recovery in the US Dollar.
Crude oil prices may pull back on profit-taking into the week-end absent fresh news-flow from Iran. Gold, silver and copper prices are aiming higher.
Gold and silver prices may weaken as the US Dollar recovers. Iran-linked jitters continue to support crude oil.
Commodity prices aim higher on firming risk appetite before a Eurozone finance ministers meeting. Crude oil and copper are lead as China cuts interest rates
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