The rally of major commodities continued for the second straight day including crude oil, gold and silver. This recent rally is probably stem, in part, by the speculation around the future prices of crude oil and gold, as Goldman Sachs…
Yesterday, most of the major commodities finished the day with rises, including the precious metals and energy commodities. Here is a summary of the main price changes in energy commodities and precious metals for May 24th: Precious Metals prices: Gold…
The natural gas prices continue to surprise and make a comeback even though the natural gas market is slowing down as North America exists the heating season and the winter into the spring. Let’s see what is up ahead…
The penultimate week of May started off with rapid falls for crude oil prices, along with moderate falls for silver prices; on the other hand, gold and natural gas prices inclined. Here is a summary of the main price changes…
The recent news from the US report of over 89 people killed due to the tornado attacks in southwest Missouri at the city of Joplin. The entire adverse effects of the Tornado aren’t clear yet. According to the EIA, some…
Here is an economic news calendar for the week of May 23rd to 27th that highlights the main news items and reports related to US, Japan and Europe. (all times GMT): Monday 23rd of May 06.00 – Bank of Japan…
Natural gas prices (Henry Hub) fell during the recent week as the Henry Hub spot price reached by the weekend 4.05$/mmbtu – the lowest price level since March 22nd 2011. This decline is inline with the rising temperatures throughout the…
The week has ended with major commodities rising and thus crude oil and gold finished a week long of rises and falls and no clear trend. Here is a summary of the main price changes in energy commodities and precious…
The natural gas market in the US keeps on cooling down as natural gas prices (Henry Hub) keeps on falling and natural gas storage continues to bulk up. The flooding along the Mississippi River raised concerns regarding transfer of natural…
Major commodities continue to zigzag as they have fallen yesterday despite the rises from a day earlier. Here is a summary of the main price changes in commodities and precious metals for May 19th: Oil and Gas prices: Spot oil…