This short trading week starts off with most of energy prices falling such as WTI crude oil and NY city gate natural gas, and precious metals rising, let’s break down the main price changes for January 18th: Energy prices: Crude…
The recent snow in the Northeast of the U.S. from last week has subsided, however it’s still cold, e.g. in New York temperatures predicted to reach as low as 16 f (-9 c) on Friday with a chance for snow…
Here is a weekly outlook for the week of January 17th to 21st showing the news items and reports that will be published this coming week mainly related to the US, Canada and EURO economies; This forecast will provide some…
During the passing week, crude oil price experienced an upward trend while natural gas spot price didn’t show any clear trend however did manage to fall by the end of the week compare to the beginning. I will present the…
Crude oil price, after falling on Thursday by 0.5% for WTI spot, the WTI spot price increased yesterday, very moderately, by 0.15% to settle at 91.54 $/b, while Brent price rose by 0.87% and reached 98.11$/b. As a result the…
The EIA issued its weekly report on the natural gas market in the U.S. The report is pertaining to the week ending on January 7th, and updates on natural gas spot price, storage and consumption. It shows a moderate decline…
Crude oil price, after rising all week, the WTI spot price fell yesterday, very moderately, by 0.5%, while Brent price fell by 0.07%. Despite this recent decline, crude oil price (WTI) is still up this week by 2.4%, and Brent…
Natural gas spot price (Henry Hub) after showing weakness all week, yesterday it bounced back with a sharp rise of 2.94%, settling on 4.55 USD/MMBTU. As a result, the Henry Hub spot price returned to its level back at the…
The cold weather in the Northeast of the U.S. continues as there is currently snowfall in New York. This harsh weather is expected to subside tomorrow, but could come back during the weekend. This could explain the ongoing increase in…
Natural gas spot price (Henry Hub) continues to show weakness, as I have referred to before. Yesterday, it fell by a moderately 0.45%. For the entire month, up to yesterday, the price fell by nearly 3%. Due to the cold…