During last week, the prices of oil (both WTI and Brent) rallied: WTI rose by 3.76%; Brent oil, by 2.2%. As a result, the difference between the Brent oil and WTI contracted again to its lowest level since July 2012;…
Natural gas future price (short term delivery) continued to rally during last week. Based on the recent EIA natural gas storage report, the natural gas storage fell again while the average five years expanded: The NG storage withdrawal was 95…
Gold and silver resumed their downward trend and slightly declined on a weekly scale. The high volatility in the forex market didn’t cross over to precious metals market that showed little movement in the prices of gold and silver in…
Major commodities prices moved in an unclear trend on the penultimate business day of the week: the prices of Brent oil and WTI oil slightly increased on Thursday; natural gas Henry Hub future (short term delivery) changed direction and fell…
The gold market has cooled down in the past year and half. The belief that gold will always go up persists. Does it still worth investing in gold? Is it still a good investment? Let’s see if it’s time to…
The prices of gold and silver moved in differed directions on Wednesday. Gold price slightly increased while silver edged down. The speculations around Cyprus’s bailout may have contributed to the decline of the Euro and the rise of gold price…