Major energy commodities traded down again on Tuesday: WTI oil and Brent oil declined for the second consecutive day; gold and silver also edged up despite the fall of other commodities prices; natural gas Henry Hub future (October delivery) and…
Major commodities traded down on Monday: WTI oil and Brent oil changed direction and declined; gold and silver also edged down despite the announced of the FOMC on QE3 last week; natural gas Henry Hub future (October delivery) and spot…
Crude oil prices resumed their upward trend mainly following the announcement of the FOMC to launch QE3. The difference between Brent and WTI also rose during last week. The oil stockpiles rose during last week by 2.3 M bl. OPEC’s…
Natural gas (short term delivery) and spot price changed direction and hiked during most of the week. Following these changes the difference between future and spot was mostly in Contango during the week. The NG storage rose again at a…
Precious metals prices continued their rally and hiked mainly on Thursday following the publication of the FOMC decision to commence with QE3 that will include the Fed buying mortgage backed securities at a pace of $40 billion per month. There…
Major commodities traded in a mixed trend on Friday: WTI oil and Brent oil rose again; gold edged up while silver declined despite the announced of the FOMC on QE3 on Thursday; natural gas Henry Hub future (October delivery) and…
Major commodities traded up on Thursday: WTI oil and Brent oil trade up; gold and silver also rose following the announced of the FOMC on QE3; natural gas Henry Hub future (October delivery) changed direction and slipped while the spot…
Major commodities traded again in a mixed trend on Wednesday: WTI oil price slipped while Brent oil rose; gold and silver didn’t do much as the both precious metals slipped yesterday; natural gas Henry Hub future (October delivery) and stop…
According to the recent petroleum and oil weekly report prepared by the Energy Information Administration, there is an analysis on the future narrowing of the gap between Brent and WTI oil. During last week there was a rise in the…
Major commodities traded again in a mixed trend on Tuesday: WTI oil price rose while Brent oil edged down; gold and silver didn’t do much as the former edged up while the latter slipped yesterday; natural gas Henry Hub future…