The Prices of crude oil resumed its rally yesterday perhaps on account of ongoing tensions in the Middle East and despite the recent EIA report in which the oil production in the U.S continued to increase. According to the latest…
Natural gas prices resumed their upward trend following the release of the recent EI natural gas report. The total NG demand hiked during the week mainly due to the sharp increase in the demand in the residential/commercial sector. The natural…
Gold and silver prices didn’t do much yesterday as both precious metals edged up for the first time this week. The uncertainty around the future steps of Spain and whether it will request from ECB to start its bond purchase…
The price of natural gas hiked in the past several weeks to its highest level this year. Did the recent rise in natural gas prices helped keep the stock price of Chesapeake Energy Corporation (NYSE: CHK) from further tumbling down?…
The major commodities prices were mostly trade up on the third day of the week: WTI oil changed direction and fell while Brent oil rose yesterday; gold and silver, on the other hand, edged up on Wednesday; natural gas Henry…
Gold and silver prices continued their downward trend yesterday and thus they have declined for the third consecutive day. Mario Draghi, ECB President, contributed to the bearish market sentiment as he, much like the IMF, warned the economic outlook for…