Let’s examine the US natural gas market and the effect the recent news from Libya and Japan might affect the Henry Hub natural gas spot price and future price as of March 16th: Gas prices March 2011 According to weather…
Category: News by Region
Oil prices forecast – 15 March
The adverse effect of the tsunami attack on Japan continues as there are radioactive clouds might reach Tokyo due to winds blowing from the Nuclear Reactor in Fukushima. The Libyan riots progress and Saudi Arabia sent troops into Bahrain. Let’s review the…
Saudi Arabia sent its troops into Bahrain
As the turmoil in the Middle East continues especially the Libyan riots, there are currently reports of Saudi Arabia sending its troops into Bahrain, as Bahrain requested from Saudi Arabia its support in fending off protestors. Saudi Arabia tries…
Japan doubles Asset purchase to ward off adverse ramifications from tsunami
The tsunami that attacked Japan and caused damage and casualties on a national level, also had a heavy toll on its economy. In an attempt to ward off the adverse ramifications, the bank of Japan doubled its assets purchased and…
Oil prices forecast – 14 March
After the tsunami attack in Japan that started on Friday, the effect it will have on the financial markets will remain to be seen, however the damage it caused the Japanese economy is staggering and there is still concern over…
Obama to reassure that the US is capable of dealing with energy disruptions
Following the ongoing surge in crude oil price mainly due to the turmoil in the Middle East in North Africa in the passing months, the President of the US – Barack Obama said yesterday that the US is ready to…
Oil prices continue to fall | natural gas continues to zigzag – March 11
Crude oil price continue it’s decent and it could be related to the weakness in the financial markets caused by the recent turmoil in Japan as a tsunami attacked the shores of Japan yesterday; gold and silver prices inclined, and…
Japan Nuclear Reactor might face meltdown – update
Following the tsunami attack on Japan, there are already some additional adverse effects as current reports state of a threat of the Nuclear Reactor in Fukushima, Japan might melt. There are some reports that four people who worked in the Nuclear Reactor…
Oil prices outlook– 11 March
Today is probably one of the intense news days in recent history as there are many important news items that are affecting different part of the globe including a tsunami in Japan, Libyan turmoil and Day of rage in Saudi…
Tsunami attacked the shores of Japan
There are report of a massive Tsunami that attached the shores of Japan, after a massive earth quack registered at 8.8 in the Richter scale. see here the footage of the Tsunami attack This Tsunami is estimated to be the first among…