Crude oil price changed direction and fell during last week. The U.S stockpiles slightly rose according to the recent EIA report. The difference between Brent and WTI has widened to a range between $19 and $23 during last week. Brent…
Natural gas (short term delivery) continued to decline during last week. According to the latest natural gas storage report, the natural gas storage contracted again by a slower pace than the average five years. According to the recent EIA report,…
Many commodities mostly traded down again on the last business day of the week: the rates of Brent oil and WTI oil declined on Friday; natural gas Henry Hub future (short term delivery) also decreased yesterday; the prices of silver…
Gold and silver continued to trade down yesterday. Their decline coincided with the depreciation of “risk currencies” such as the Euro and Aussie dollar against the USD. The lower than expected EU GDP growth rate in the fourth quarter may…
Many commodities prices mostly traded down on the penultimate business day of the week: the price of Brent oil slipped while the WTI oil rallied on Thursday; natural gas Henry Hub future (short term delivery) changed direction and tumbled down…
The prices of silver and gold slightly declined yesterday. Their modest drop didn’t coincide with the moderate appreciation of “risk currencies” such as Canadian dollar and Aussie dollar against the USD. Yesterday, the U.S retail sales report came out. The…