Brent Crude Oil in May – Worst Month Since 2008

May 31, 2012

Brent Crude Oil prices fell 15% in May. While closing the day at $101.87, the futures commodity is down $17.60 for the month, marking the rost monthly loss since December 2008. The price decline was due to rising US inventory levels, poor PMI (Purchasing Managers’ Index) data signaling a slower US economy than expected, and […]

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Gold and Silver Prices Fall On Bad PMI Results

May 31, 2012

Gold and silver prices fell sharply after US PMI (Purchasing Managers’ Index) data. Currently, world economies are being bolstered by active growth in the US, so today’s PMI data was a setback for metals prices. The PMI is a survey given out to purchasing managers in Chicago asking them to rate their relative level of a […]

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Los precios del cobre bajan a su mínimo de 4 meses

May 31, 2012

El viernes, el precio del cobre cayó a un mínimo de 4 meses después de una disminución en el crecimiento de China y de la disminución de la demanda en la Eurozona debido a la crisis. Como Grecia investiga opciones para salir de la Unión Europea, las exigencias de producción en Europa cayeron a su […]

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