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…
Crude oil prices started to rise again during last week. Further, the gap between Brent and WTI was also widened. The recent OPEC report and IEA monthly update showed that there was little change in OPEC’s production. The disappointing GDP…
Crude oil prices continued to zigzag from gains to losses. The recent ECB rate cut by 25pp to 0.75% its lowest rate may have contributed to the decline in oil prices via the Euro/USD exchange rate. The disappointing U.S non-farm…
Natural gas prices changed direction and for the first time in three weeks the future price declined. On the other hand the NG spot price continued to rise. Following these changes the difference between future and spot shifted from Contango…
Precious metals took another dive during the first week of July. This fall coincided with the decline in many other financial markets such as oil, U.S stocks etc. The two main events of the week that contributed to fall of…
Precious metals prices started off the week with an unclear trend and coming Thursday they have plunged along with the rest of the market. The main news of the week came on Friday and was the conclusion of the EU…
Natural gas prices continued to rise during last week. The recent hike in oil prices by the end of the week may have also helped pull up natural gas rates. According to the recent NG storage update, there was only…
Crude oil prices didn’t do much during the first four days of the week only to hike on Friday on account of the recent EU Summit. . The EU leaders decided that struggling EU banks (including in Spain) will be…
Precious metals prices took a dive on Thursday and thus erased their gains from the first weeks of June. The FOMC decision to extend operation twist throughout the rest of the year by another $267 billion wasn’t what many bullion…
Crude oil prices plummeted during last week mainly on Thursday after the FOMC revised down its projection on the U.S economy and in an effort to help jumpstart the economy only extended its operation twist without adding another expanding stimulus…