After Monday’s big rises for most energy commodities, there was a very sharp turn as crude oil price fell sharply by over two percent. Later on today the EIA (Energy Information Administration) will issue its weekly report on the US…
As Part of the final summations on 2010, here is a short review on the main changes that occur to the natural gas spot price (Henry Hub) and crude oil price (WTI) through the month of December, and their relationships…
The first week of 2011 started off with major energy commodities and precious metals rising. The main gainer is natural gas spot price (NY city gate) that rose yesterday by 15.7%, followed by natural gas spot price (Henry Hub) that…
After the final week of 2010 is behind us, it’s time to look forward on the first week of 2011 and see what are the main news we should notice that are related to the commodities markets as Crude oil…
Last week was characterized with an upward trend for crude oil price and natural gas spot price (except for New York City Gate Spot); here is a weekly recap on major energy commodities for the last week of the year,…
Here is my last review of the year 2010 (not getting sentimental I promise…), in which I will shortly report the recent EIA figures on natural gas storage in the U.S. and review the current prices of major commodities and…
Crude oil price fell yesterday for the second straight day, this time below its 90$ mark. Some consider this recent decline to be related to the recent EIA report, in which crude oil stocks fell less than expected. However, if…
Crude oil price declined today for the second day, this time, however, by a larger decline of over 2.2% for the WTI spot price. This drop is speculated to be because of the recent EIA report about Crude oil stocks…
Silver prices continue to show strength as Silver future prices nearing 31 USD, and settled on 30.7 USD/ t. oz., a 1.26% increase. Silver prices continue its rally as it rose by a total of 8.5% from the beginning of…
Natural gas prices continue to be on the news with major fluctuations for the past couple of day, mainly the Natural gas spot price (New York City Gate Spot). The storm that attacked the Northeast of the U.S. subsided yesterday.…