Natural gas (short term delivery) and spot price resumed their downward trend during last week as the future rate fell by a sharper rate than the spot rate. Following these changes the difference between future and spot was mostly in…
Major commodities traded again in a mixed trend during Thursday: WTI oil price rose again while Brent oil price decreased; on the other hand, gold and silver bounced back and rose yesterday; natural gas Henry Hub future (October delivery) declined…
Natural gas prices shifted with an unclear trend during last week as the spot price declined while the future price increased. Hurricane Isaac may have affected the natural gas production and caused the decline in the injection to storage during…
Major commodities traded in a mixed trend during Wednesday: WTI oil price edged up while Brent oil price declined; further, gold and silver changed direction and decreased yesterday, after they had risen for two consecutive business days; natural gas Henry…
Major commodities traded in a mixed trend during the first day after the American National Holiday: WTI and Brent oil prices declined; on the other hand, gold and silver rose again for the second consecutive business day; natural gas Henry…
Yesterday, the U.S. Manufacturing ISM report was published; according to the recent update, the U.S. Manufacturing PMI index edged down to 49.6% during August 2012. The U.S. Manufacturing PMI is an index that estimates the economic progress of the U.S.…
There was no trading on Monday at Nymex or CME due to the an American National Holiday (Labor day): Brent oil edged up on the first trading day of the month; gold and silver remained unchanged but were traded up…
During last week, the prices of precious metals rallied mainly on the last day of the week following Ben Bernanke’s speech that rekindled the expectations of another QE program in the near future. I still think it’s too early to…
Many major commodities prices rose on Friday: crude oil price (WTI) and Brent oil hiked on the last day of the month; gold and silver changed direction and hiked after they had declined for three consecutive days; natural gas Henry…
Natural gas price (short term delivery) resumed its rally during most of last week, while the spot price declined. Following these shifts the difference between future and spot was mostly in Contango during the week. The NG storage rose again…