Crude oil prices moved with an unclear trend during last week as Brent edged down while WTI oil slightly rose. U.S stockpiles rose according to the recent EIA report. The gap between Brent and WTI slightly narrowed to the $20-$22…
Natural gas (short term delivery) sharply rose on Wednesday only to tumble down on the last few days of the week. According to the latest EIA report, the NG storage also declined; this shift back to extraction may have curbed…
Gold and silver didn’t do much during last week and edged down on a weekly scale. It seems that many bullion investors might be waiting for next week’s FOMC meeting that could pull up gold and silver if the Fed…
Yesterday, the non-farm payroll report came out, in which the employment rose by 146k – higher than expected – alas it didn’t seem to affect much the commodities prices. Several energy commodities prices declined on the last business day of…
The prices of precious metals changed direction a couple of times during the day but in the end they both slightly rose, despite the fall in other commodities prices and major “risk currencies” such as Euro or Aussie dollar. ECB…
The U.S. employment rose again by a higher pace than many had expected during November: according to the latest U.S. employment report, which was published today, December 7th by the Bureau of Labor Statistics the number of non-farm employees expanded…