Let’s examine the news and events that might affect current gold and silver prices as of April 11th: War in Libya – will there be a ceasefire? There is a suggested ceasefire, which was made by the Africa Union, between…
Let’s examine the main news for today, April 11th that might affect the crude oil markets. Libyan conflict – is there an end in sight? The ceasefire plan, which was comprised by the Africa Union, to which Qaddafi had agreed…
Let’s examine the news and events that might affect current gold and silver prices as of April 8th: ECB raised its interest rate European Central Bank decided to raise the Euro Area interest rate by 0.25 percent point to 1.25%.…
Crude oil prices started to rise again: yesterday WTI spot oil price increased by 1.35% while Brent oil rose by 0.61%. Current oil prices are rising in Europe with WTI crossing the 110$/b mark. Let’s examine the main news for…
Natural gas spot price (Henry Hub) continue to zigzag as it fell yesterday by 0.95%, while Mat future prices decreased by 1.89%. As a result the backwardation reached 0.03$/Mmbtu. Will this downwards trend of natural gas prices continue? Let’s…
The Petroleum stocks didn’t change much during last week, according to recent EIA report. The crude oil prices continue to zigzag with no clear trend and yesterday WTI spot and May delivery futures moderately inclined, while Brent oil moderately declined.…
Let’s examine the news and events that might affect current gold and silver prices as of April 6th: China raised its interest rate Bank of China raise its basic interest rate by 25 basis points to 6.31%. This is the…
Crude oil prices didn’t do much yesterday and there is still little changes in Brent and WTI oil prices. The premium of Brent oil over WTI remains around the 10-14$/b as it did in recent weeks. Will this apparent ease…
Crude oil prices moderately inclined yesterday and thus the unclear trend for oil prices continue. Current oil prices are moderately declining. Let’s examine the main news for today, April 5th that might affect the crude oil markets. Libyan conflict…
During March, natural gas prices bounced back from their decline during February. It’s probably related to the winter prolonging more then expected during March, but there were also some speculations around natural gas that might have driven natural gas prices…