Crude oil prices sharply declined during last week following many commodities traders’ disappointment from the FOMC meeting for not issuing another stimulus plan that may have pushed up the price of commodities. The recent OPEC meeting ran smoothly as the…
Natural gas prices renewed their downward trend and sharply declined during last week, mainly during the first half of last week. The late arrival of winter in the U.S. may have been among the contributing factors for the sharp drop…
Gold and silver prices recorded one of their worst weeks in the past months. Both precious metals prices didn’t decline by such a sharp rate since the penultimate week of September – back when the CME raised the margins on…
Gold and silver prices moderately changed throughout the second week of December with a downward trend. The ongoing uncertainty vis-à-vis the potential outcome of the current European debt crisis continues to affect commodities and forex markets. The main news item…
Natural gas prices changed direction and after the sharp gains recorded on the first week of December, natural gas was traded down last week; in particular the Henry Hub future price sharply declined during most of last week, while natural…
Crude oil prices started December with a downward trend after they had risen during the past couple of months. Next week there is an OPEC meeting that might stir up the oil market and affect the crude oil prices’ development.…
Crude oil prices started off the month on a positive note as it rose during the first week of December. The recent development in the Middle East including the sanctions on Iran helped keep oil prices high. Furthermore, the recent…
Natural gas spot price sharply increased during the last few days of November, but as the new month had begun, natural gas prices resumed their downward trend. Due to these changes the Contango sharply fell on Wednesday, November 30th to zero.…
Gold and silver prices started the first week of December with moderate gains during the week. The reduction on the rates of US dollar based loans given to struggling EU banks by several central banks including the Federal Reserve helped…
Natural gas spot price continued to sharply fall during most of last week, while the Henry Hub future price started to rise again. Due to these changes the Contango reached new highs during last week: by November 23rd the gap…