The Euro rose again for the second consecutive day; this time the ECB President’s statement about preserving the Euro may have contributed to the recovery of the Euro during yesterday. Most major commodities also rose during yesterday’s trading: crude oil…
Natural gas prices didn’t do much during the past few days as they have zigzagged with an unclear trend. The warmer than normal weather is keeping the demand for natural gas robust. The total demand rose last week mainly due…
Most major commodities changed direction and rallied during yesterday’s trading: crude oil prices including WTI and Brent oil increased; gold and silver prices also rallied as both precious metals hiked. Natural gas Henry Hub (August delivery) tumbled down while spot…
Most major commodities didn’t do much during yesterday’s trading: crude oil (WTI) price edged up while Brent oil declined; gold price edged up while silver slipped. Natural gas Henry Hub (August delivery) and spot price continued to trade up.…
Crude oil prices including WTI and Brent tumbled down during the first day of the week. This was the second consecutive business day in which oil rates declined. Natural gas Henry Hub (August delivery) and spot price continued to rally.…
During the week the Euro continued to tumble down while major commodities rates such as oil and natural gas resumed their rally. Will this trend continue this upcoming week? ECB President says there is no need to worry about the…
Crude oil prices including WTI and Brent changed direction and after they had risen for six consecutive days, they declined on Friday; natural gas Henry Hub (August delivery) and spot price continued to trade up. Gold and silver rates edged…
Natural gas prices resumed their upward trend hiked during most of last week. Following these developments the difference between future and spot shifted from Backwardation back to Contango. The recent rise in oil prices during last week may have contributed…
The energy commodities continued to rally yesterday following the positive news of the slight increase in the Philly Fed index. Crude oil prices including WTI and Brent hiked for the sixth consecutive day; natural gas Henry Hub (August delivery) and…
Chesapeake Energy Corporation (NYSE: CHK) rallied in the past few weeks. The recent steps the company took such as selling Chesapeake Midstream Partners, L.P may have contributed to its rally. It seems the company is headed towards scaling down its…