Natural gas market continues to heat up as the hot weather in the U.S mainly in the Northeast is raising the demand while the U.S natural gas production isn’t rising. According to the recent NG storage update, there was only…
Precious metals prices have had an upward trend during last week. Gold rose every day of the week; silver increased every day as well except on Thursday. The speculation continues to run high about the possibility of the Fed introducing…
Crude oil continued to trade down during the previous week. The news from the U.S showed the U.S economy isn’t expanding: U.S retail sales edged down in May; U.S CPI and PPI also declined. OECD oil inventories also increased while…
Precious metals prices started off the week with little movement despite their sharp rise during last Friday following the disappointing U.S employment numbers. The premise behind this speculation was that since the U.S economy is showing signs of slowdown, this…
Natural gas market continued to dwindle despite the short term rally of natural gas prices during the first couple of days of the week. Soon after natural gas rates resumed their descent. According to the recent NG storage update, there…
Crude oil prices plunged during last week. The disappointing U.S reports including the revised down U.S GDP, the decline in the growth rate of the manufacturing PMI and lower than expected growth in U.S employment may have contributed to the…
Natural gas market continued to cool down after during the first couple of weeks of May NG rates spiked. According to the recent NG storage update, there was a 71 bcf injection, which is nearly 12 Bcf below the injection…
Precious metals prices took a sharp turn on Friday and recorded their largest single day gain in a while. Gold rose by 3.7% – the last time the price of gold increased by such a rate was back in August…
Precious metals prices declined again during the first part of the week only to trade up during the second part of the week. In Europe the conditions haven’t changed as the speculation around Grexit is still on. I have reviewed…
Crude oil prices edged down again during most of the week. The rise in the U.S stock markets along with the slightly positive news on the rise in the U.S new home sales and increase in core durable good may…