Crude oil prices changed direction from an upward trend during the first week of 2012 to a decline during the second week of January. The speculation around the Euro Area’s economic stability may have adversely affected commodities prices. The January…
Gold and silver prices continued to recover from the downward trend of December and presented strong numbers during the first couple of weeks of 2012. The ECB’s decision to keep the Euro interest rate unchanged may have helped keep the…
Crude oil started off the first week of 2012 with very sharp gains in crude oil price on the first couple of days as many oil traders became bullish on oil. As the week progressed oil prices changed direction and…
Natural gas price (Henry Hub spot) continued to decline during the first week of the year, while the natural gas price (future short term) changed direction and rallied. Here is a short review of the development of natural gas price…
Gold and silver prices started off 2012 with very sharp gains mainly during the first trading day of the year. Since many other financial markets also started 2012 on a positive note including crude oil market and American stock market,…
Crude oil prices ended the year with light changes during the last week of 2011. By the end of the week, WTI oil price slipped by 0.8% and Brent price by 1.53%; as a result, the difference between Brent oil…
Natural gas prices started the week with light gains, but as the week progressed natural gas was trade down. Here is a short review of the development of natural gas prices for the week ending on December 30th, the last…
During this passing week, gold and silver prices had a slow week after they recorded one of their worst performances in 2011 a week earlier. The U.S. GDP growth rate in the third quarter was revised down again and may…
Crude oil prices recovered from the sharp drop during the previous week, changed direction during and promptly climbed up during the week. The recent news from the U.S. of the improvement in the housing market including the gains in the…
Natural gas prices started the week with moderate gains, but by the end of the week natural gas prices sharply declined and thus eliminated all the gains at the beginning of the week. Here is a short review of the…