Natural gas market changed direction and after a sharp rise in prices during the past couple of weeks, natural gas future (June delivery) sharply declined on Friday. According to the recent NG storage update, there was a 77 bcf injection,…
The precious metals market changed direction during the second part of the week. Both metals started off the week falling along with the rest of the commodities markets and Forex rates (e.g. the Euro/USD). In Europe the conditions haven’t improved:…
Crude oil prices continued their downward trend as both Brent and WTI were traded down during most of the week. The disappointing news of the drop in the Philly Fed index may have been among the factors to drag down…
Natural gas market keeps showing signs of recovery and the future and spot prices continue their upward trend. According to the recent NG storage report, there was a 61 bcf injection, which is 30 Bcf below the injection from a…
The precious metals market continued to show weakness all through last week as both gold and silver sharply fell. During the month so far gold has shed 4.82% off its value and silver tumbled down by 6.85%. At the current…
Crude oil prices continued their descent and declined again during last. The news from OPEC of the steady rate of OPEC’s oil production and the rise in OECD oil inventories is plausibly a sign that crude oil prices, from the…
Natural gas prices kept their rally and spiked during the week; the short term future erased the drop of the past three months in a matter of a three weeks. According to the recent NG storage update, there was only…
Crude oil prices continued their slow paced movement during most of the week until Friday, when the U.S employment report was released and didn’t reach expectations. This news was plausibly the main event that dragged oil prices by almost 4%…
The gold and silver markets continue to dwindle as they have finished April in the red. This was the third consecutive month for gold price to fall and the second consecutive month for silver. So far May doesn’t present any…
There were high expectations in the gold and silver markets for this week’s FOMC meeting that eventually didn’t have any apparent effect on precious metals prices. Thus quoting T.S Eliot: “This is the way the world ends; Not with a…