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) slightly declined during last week. According to the recent natural gas storage report, the natural gas storage fell by a slower rate than the average five years. According to the latest EIA report, the NG…
The prices of precious metals continued to seek direction as both gold and silver moved in an unclear trend during the week. Both precious metals slightly declined on a weekly scale. The ECB and MPC left their respective interest rates…
Many commodities prices remained almost unchanged on the last business day of the week: the prices of Brent oil rallied while WTI oil inched down on Friday; natural gas Henry Hub future (short term delivery) also slipped yesterday; the prices…
The prices of silver and gold changed direction and fell on Thursday. The recent comments made by ECB President Draghi regarding the strength of the Euro raised the speculations that the ECB might cut its cash rate in the near…
Major commodities prices changed direction and declined on the fourth business day of the week: the prices of Brent oil rose while WTI oil declined on Thursday; natural gas Henry Hub future (short term delivery) tumbled down yesterday; the prices…