Natural gas prices changed direction and on the last week of November sharply increased even though the average temperatures in the U.S. is still warmer than normal. Here is a summary of the recent U.S natural gas market EIA report regarding…
Major commodities were traded yesterday with a mixed trend: Gold price bounced back and rose while silver price changed direction and slightly declined; crude oil prices also shifted from green to red as they have declined yesterday as well; natural…
Major energy commodities prices continued to gain yesterday: WTI and Brent oil prices inclined. Natural gas prices (Henry Hub) also rose. Gold price slightly declined while silver price increased. Major currencies such as Euro slightly appreciated against the US dollar.…
Major commodities prices didn’t do much yesterday and started off the second week of December with mixed trend: Gold price and silver price slipped. WTI oil price nearly didn’t change, while Brent oil price declined. Natural gas spot price (Henry…
The natural gas prices continued to sharply decline during most of November. But by the end of the month, the natural gas spot price bounced back and sharply increased. The same goes to the natural gas future price (short term…
The upcoming week, which is also the second week of December, brings many news items and events that may affect forex and commodities markets including: U.S. trade balance report, ECB rate decision, EU summit, Australia’s GDP for the third quarter,…
Natural gas spot price sharply increased during the last few days of November, but as the new month had begun, natural gas prices resumed their downward trend. Due to these changes the Contango sharply fell on Wednesday, November 30th to zero.…
The U.S. labor report was published yesterday and showed good numbers as the non-farm employment grew by 120k in November. This may have been among the factor to help rally some of the commodities prices: Gold price slightly increased while silver…
Major commodities started December with light changes; after the sharp gains most commodities had on November 30th, they had shifted mainly to red: Gold and silver prices slightly slipped. Crude oil prices also slightly declined. Natural gas spot price (Henry Hub)…
Natural gas prices continued their downward trend during last week, but the injections to the U.S natural gas storage came to halt this week; this might indicate that the demand for natural gas is starting to rise. Here is a…