Crude oil prices started off the week falling on account of the markets’ response to the recent U.S non-farm payroll report. Major commodities bounced back during Wednesday and Thursday only the finished the week falling again probably due to disappointing…
Natural gas prices resumed to fall precipitately during last week. Furthermore, the gap between future and spot didn’t expand but it remained in Contango and reached by the end of the week $0.12/mmbtu. According to the recent NG storage report,…
Gold price started off the week strong as the concerns over the Debt crisis in Europe rose. This time, Spain and Italy were in the headlines. The week also started after Easter and Good Friday was celebrated over the weekend.…
Precious metals prices changed direction and after they had sharply rose on Thursday, they have finished the week falling. Crude oil prices also changed direction and slipped. Natural gas prices (spot price) also declined while the future price remained flat.…
Precious metals prices bounced back yesterday after they had slipped on Wednesday. Crude oil prices continued their rally and increased as well. Natural gas prices (future price for May) remained flat. The Euro traded up again against the U.S. dollar,…
After a couple of days in which oil prices plummeted along with the U.S and Europe stock markets all awhile gold prices rallied; the tables have turned coming Wednesday as gold and silver prices edged down while crude oil prices…
Gold and silver prices shifted very promptly during last week. They have both started very strong and thus continued their upward trend from the previous week, but then the minutes of the last FOMC meeting were published. In the minutes…
Gold and silver prices bounced back from one of their worst performing days in over a year and ended yesterday’s trading rising. Major other commodities such as crude oil also rallied and finished the day in the green. On the…
In the recent petroleum and crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles rose again for the third consecutive week, last week by 12.36 million barrels. Crude oil prices didn’t move much last week but…
Gold and silver prices changed direction; following the recent FOMC minutes release, they have taken a sharp turn down just like many other commodities prices including crude oil prices. During yesterday’s trading natural gas spot prices sharply rose again. The…