Natural gas (short term delivery) changed direction and rallied during last week and reached its highest level in two weeks. According to the recent EIA report, the NG storage declined by 82 Bcf; this fall in the storage might have…
Gold and silver resumed their downward trend and declined during last week. The discussions around the U.S multi-year budget in an attempt to avoid the fiscal cliff may have contributed to the sharp changes in the bullion market. Several U.S…
Crude oil prices changed direction and rose during last week. The U.S stockpiles increased according to the recent EIA report. The gap between Brent and WTI remained at the range between $20 and $22 during last week. Brent increased by…
Natural gas (short term delivery) sharply fell during last week and reached its lowest level since the end of September. According to the latest EIA report, the NG storage remained virtually unchanged; this low movement in the storage might have…
Gold and silver rose on the day the FOMC announced it will expand its QE3 program, but the next day tumbled down. This might suggest some bullion investors used this recent announcement of the FOMC to close their position on…
Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles rose according to the recent EIA report. The gap between Brent and WTI slightly narrowed to the $20-$22…
Natural gas (short term delivery) sharply rose on Wednesday only to tumble down on the last few days of the week. According to the latest EIA report, the NG storage also declined; this shift back to extraction may have curbed…
Gold and silver didn’t do much during last week and edged down on a weekly scale. It seems that many bullion investors might be waiting for next week’s FOMC meeting that could pull up gold and silver if the Fed…
Gold and silver changed direction again and declined during the last week of November. The recent EU Summit resulted in approving the Greek bailout, which may have contributed to the rally of the Euro. Albeit it didn’t seem to curb…
Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles slightly declined according to the recent EIA report. The gap between Brent and WTI slightly remained at the…