Major commodities including oil, natural gas, gold and silver declined during most of last week. Leading “risk related currencies” such as the Aussie dollar and Euro also fell last week. Will commodities rally this week? In the upcoming week several…
The prices of crude oil (both WTI and Brent) didn’t do much during last week: WTI increased by 0.45%; Brent oil slipped by 0.27%. As a result, the gap between the Brent oil and WTI shrank again; the premium of…
Major commodities were traded mostly down on the fourth business day of the week: Brent oil price slightly rose while the price of WTI oil fell on Thursday; natural gas Henry Hub future (short term delivery) remained virtually unchanged yesterday;…
In the past couple of weeks the price of oil has slowly recovered from its downward trend it had during April. Will the price break the $100 in the near future? How the recent developments in the oil market affect…
Major commodities prices mostly trade down on the second business day of the week: the prices of Brent and WTI oil changed direction and fell on Tuesday; natural gas Henry Hub future (short term delivery) sharply decreased yesterday; silver and…
Major commodities prices moved in a mixed trend on the first business day of the week: the prices of Brent and WTI oil rallied again on Monday; natural gas Henry Hub future (short term delivery) slightly decreased yesterday; silver price…
The prices of leading commodities including crude oil and gold moderately rallied during last week. Despite the recent ECB rate cut leading “risk related currencies” such as the Euro and Aussie rose during most of last week. In the upcoming…
The prices of crude oil (both WTI and Brent) rose again during most of last week: WTI increased by 2.81%; Brent oil, by 1%. As a result, the difference between the Brent oil and WTI shrank again; the gap between…
Major commodities prices mostly increased on the last business day of the week: the prices of Brent and WTI oil rose on Friday; natural gas Henry Hub future (short term delivery) also slightly increased yesterday; silver price rallied while gold…
The U.S. employment rose by a higher than anticipated pace – based on ADP estimate, the non-farm payroll rose by 119k during April: According to the latest U.S. employment report, which was published today, May 3rd by the Bureau of…