Natural gas (short term delivery) and spot price started off the week falling but by Thursday they have changed direction and rallied until the end of the week. Following these changes the difference between future and spot was in Contango…
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…
Precious metals prices resumed their rally and hiked during most of the week especially on the last day of the week, following the publications of the U.S labor report, in which only 96k jobs were added – many anticipated the…
Crude oil prices demonstrated an unclear trend during last week as both WTI and Brent oil shifted from rises to falls throughout the week. The difference between Brent and WTI declined again during last week. The oil stockpiles fell during…
Natural gas (short term delivery) and spot price resumed their downward trend during last week as the future rate fell by a sharper rate than the spot rate. Following these changes the difference between future and spot was mostly in…
Precious metals prices hiked on the last day of the week, following Ben Bernanke speech that raised expectations of many precious metals traders that another quantitative easing plan might be announced by the FOMC in the near future. Despite the…
Crude oil prices didn’t do much during most of the week despite the expectations that hurricane Isaac might have adversely affected the oil market in the U.S. The gap between Brent and WTI slightly shrunk again during last week. The oil…
Natural gas price (short term delivery) resumed its rally during most of last week, while the spot price declined. Following these shifts the difference between future and spot was mostly in Contango during the week. The NG storage rose again…