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Natural gas & Crude oil price update – daily recap Jan 6

Jan. 07, 2011 3:23 AM ETOIL-OLD, GOLD
Lior Cohen profile picture
Lior Cohen's Blog
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 Crude oil price (WTI), continues to zigzag as it rises for one day and falls in the next. Yesterday, it fell by over 2% after it had risen by over 1% in the previous day.

Bloomberg considers yesterday’s crude oil price fall to be related to the strengthening of the USD against the Euro due to expectations for good news in U.S. employment report, showing the U.S. continues its way to recovery.

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