Natural gas prices (Henry Hub spot) changed direction again and sharply fell during last week. During January natural gas spot price fell by 15.44% and the future price (February delivery) by 16.39%. Here is a short recap for the developments…
Crude oil prices didn’t move in the same direction during last week as Brent oil price rose, while the price of WTI oil declined. The ongoing concerns revolving the boycott of Iranian oil by the West may have been among…
Gold and silver prices didn’t do much during last week as they have started off with slight gains that were lost by the end of it. I suspect the recent non-farm payroll report, which showed a rise of 243,000 in…
Natural gas prices (Henry Hub spot) changed direction and sharply rose during last week. That being said, during January natural gas spot price fell by 12.75% and the future price (February delivery) declined by 7.69%. I further talk about the…
Crude oil prices didn’t do much during last week despite the many news items that were published including the U.S. GDP report for Q4 2011. There are still tensions between the speculation revolving the stability of Euro Area and thus…
Gold and silver prices continued their rally during last week as the bullish sentiment vis-à-vis the bullion market progress. The recent announcement of the FOMC to keep interest rates low until late 2014 (instead of the FOMC’s former pledge to…
Gold and silver kept their upward trend they have had during most of the first month of 2012. Despite the announcement over the last weekend by S&P to downgrade France and several other EU countries’ credit rating, France and Spain…
Crude oil prices continued their downward trend for a second straight week after they had started the month with sharp gains. The speculation around the stability of Euro Area will continue to dominate the news and crowd out (for the…
Natural gas prices (Henry Hub spot) continue their sharp decline with no end in sight. During January natural gas spot price fell by 24.5% and the future price (February delivery) plummeted by 21.74%. This sharp drop in natural gas prices…
Natural gas prices (Henry Hub spot) continue their downward trend with no end in sight. During January natural gas spot price fell by 10.74% and the future price (February delivery) declined by 10.7%. The late arrival of winter in the…