Crude oil price changed direction and fell during last week. The U.S stockpiles slightly rose according to the recent EIA report. The difference between Brent and WTI has widened to a range between $19 and $23 during last week. Brent…
Natural gas (short term delivery) slightly declined during last week. According to the recent natural gas storage report, the natural gas storage fell by a slower rate than the average five years. According to the latest EIA report, the NG…
The prices of precious metals continued to seek direction as both gold and silver moved in an unclear trend during the week. Both precious metals slightly declined on a weekly scale. The ECB and MPC left their respective interest rates…
The prices of precious metals zigzagged during the week only the finish the week on a positive note. Both metals rose on a weekly scale. The FOMC left its policy unchanged, but it this news seems to have been crowded…
Crude oil price sharply increased during last week. The U.S stockpiles rose according to the latest EIA report. The difference between Brent and WTI has widened to a range between $17 and $18 during last week. Brent rose by 3.07%…
Natural gas (short term delivery) declined at the beginning of last week only to bounce back on Wednesday; the price of the Henry Hub fell by the end of the week. The decline in natural gas prices was despite the…
The prices of precious metals changed direction again and this time they have declined during the past few days of the week. The recent news of the rise in the imposed tax on gold imports in India may have contributed…
Crude oil price continued to trade up during last week. The U.S stockpiles declined according to the recent EIA report. The difference between Brent and WTI slightly expanded to a range between $16 and $17 during the previous week. Brent…
Natural gas (short term delivery) changed direction and declined during last week and this downfall came despite the recent storage report in which the natural gas storage fell by a sharper rate than the average five years. According to the…
The prices of precious metals shifted gear and rallied during the week. Moreover, due this rally, the prices of gold and silver ended the week higher than they were a week back. Bernanke’s speech from last week didn’t seem to…