Precious metals resumed their slow descent during the week after they had rallied in the previous week. Despite the hopes of many that Bernanke will hint of stimulus plan in the near future, he didn’t comply and in his testimonies…
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…
Crude oil prices continued to rally during last week. Further, the gap between Brent and WTI was also expanded. The news of the increase in the Philly Fed index and housing starts may have contributed to the increase in oil…
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…
The energy commodities traded up yesterday following the positive news of the rise in housing starts. Crude oil prices including WTI and Brent rose for the fifth consecutive day; natural gas Henry Hub (August delivery) and spot price also rose.…
Crude oil prices including both WTI and Brent continued to trade up and rose for the fourth consecutive day; gold and silver rates edged down for the second consecutive day. Natural gas Henry Hub (August delivery) and spot price also…
Major commodities didn’t do much during the first day of the week. Crude oil prices including both WTI and Brent continued their rally on Monday; gold and silver rates changed direction and after they had increased on Friday, on Monday…
Precious metals changed direction and after they had declined during the first week of July they managed to rally on the second week. The publication of the minutes of the FOMC meeting from back in June didn’t reveal anything earth…
Natural gas prices didn’t so much during the week despite their sharp daily shifts. Since natural gas changed direction almost daily, the Henry Hub didn’t present a certain trend during the week. Following these changes the difference between future and…