Yesterday the EIA published its weekly report about prices and stocks of crude oil in the US showing a decline in stocks as energy consumption rises; Gold and Silver fell for the second straight day; Natural gas prices fell sharply…
Today the EIA published its weekly report about prices and stocks of crude oil in the US; Bloomberg reports about major oil companies selling their assets; some perspective about the recent volatility in Natural gas prices (NY gate spot); and…
Here is your daily summary for yesterday, December 15th for Major Commodity daily prices: After the staggering increase of the New York City Gate Spot prices in the past couple of days (the largest rise was by 105%), yesterday it…
Here is your daily summary for yesterday, December 14th for Major Commodity daily prices: After the impressing start of the week, with most major commodities rising and especially the New York City Gate Spot prices exploding and rising by 105%,…
After the exploding beginning of this week with a huge rise for New York City Gate Spot prices by 105%, on the one hand, and a 3.5% rise for Silver prices on the other; currently, the main energy commodities and…
Here is a quick daily summary for yesterday, December 13th for Major Commodity daily prices: The week started with a bang as major commodities not rising but jumping high, this after last week ended with moderate declines. The most impressing…
Recent News The week started with most major commodities rising, including Gold prices, Silver prices and Crude oil prices. According to Bloomberg, OPEC is planning to increase its production in 2011as it did in the past year; this, despite OPEC…
Yesterday, December 11th the 158th OPEC meeting was held in Quito, Ecuador. OPEC which is responsible for about 40 percent of world crude supply announced its decisions vis-à-vis its output quota for 2011. The main decision was that the output…
The main reports to be issued up a head this week are mainly about the US economy and EURO economy that could provide insight on how the prices of major commodities such as crude oil prices and silver prices will…
Here is your weekly recap for the week ended on December 10th for crude oil prices and natural gas prices: This week’s ups and downs in the commodities prices showed that market makers and investors don’t really know the direction…