The precious metals market keeps on heating up… yesterday silver prices rose by 3.55% and passed the 41$. Gold prices also increased and passed 1,470. Crude oil prices (WTI spot oil) inclined for the second straight day; and natural gas…
Category: Natural Gas
Oil prices bounced back with moderate rises – April 13
Following the two days when oil prices (WTI spot oil) declined, yesterday they have bounced back with moderate rises; precious metals prices also inclined; and natural gas spot prices (Henry Hub) moderately increased for the second straight day. Here is…
Oil prices drop for the second straight day – April 12
The falls of major oil prices continue for the second straight day; precious metals prices also declined; and natural gas spot prices (Henry Hub) moderately inclined. Here is a short summary of the price changes in major energy commodities and…
Natural gas prices outlook– 12 April
Henry Hub spot price continues to drop as it declined yesterday by 0.99%, while natural gas future prices bounced back yesterday and rose by 1.73% – its first price hike for April. As a result the contango reached 0.09$/Mmbtu. Will…
Oil prices start off the week falling – April 11
The week started off at the opposite direction from where it ended as oil prices declined precipitately. The precious metals prices ended the day with little changes; and natural gas spot prices (Henry Hub) continued to fall. Here is a…
Weekly outlook for April 11-15
Here is a weekly forecast for April 11th to 15th presenting the main news items and reports related to US, Canada and Europe, and scheduled events, such as the G7 and G20 meetings. During the upcoming week, Trading Energy will…
Natural gas prices kept on freefalling most of the week – 4-8 April
The natural gas prices continue to decline as we are exiting the winter, even if there are still some rain showers and thunderstorms in parts of the US. The Henry Hub future price (May delivery) shed from its value during…
Major commodities finished the week on a high note – April 8
The week ended on a high note as major commodities including crude oil, gold and silver. For silver it even passed the 40 USD mark – its highest level since February 1980 (in London trade). On the other hand, natural…
Natural gas storage declined | EIA review, April 8
Here’s a summary of the recent U.S natural gas EIA report for the week ending on April 1st: Natural gas Storage The underground natural gas storage (Billion Cubic Feet) decreased by 2.8%, i.e. a withdraw of 45 Bcf, as the…
Oil prices continued their rally – April 7
The same trend that was on Wednesday continued on yesterday, crude oil prices (WTI and Brent oil) inclined; gold and silver prices also continue to increase; natural gas spot price (Henry Hub) declined for the second straight day. Here is…