During last week, crude oil prices shifted with an unclear trend as the price of WTI oil slipped while Brent oil edged up. Due to the different paths these oil prices followed, the gap between the Brent oil and WTI…
During last week, there were some reports that may have affected forex and commodities prices: the U.S non-farm payroll report showed a gain of 114k in jobs during September; U.S manufacturing PMI index rose to 51.5%. These reports may have…
Precious metals prices shifted with an unclear trend throughout the week with an unclear trend despite the appreciation of the Euro and several “risk currencies” during last week. On the other hand the Aussie dollar declined against the UDS mainly…
The major commodities prices changed direction and fell on the last day of the week: WTI oil declined while Brent oil edged up yesterday; gold and silver also decreased on Friday; natural gas Henry Hub future (November delivery) slipped on…
Crude oil prices resumed their downward during last week. Despite their rally they have increased on Thursday perhaps over the rally of the Euro and other “risk currencies”. The difference between Brent and WTI increased again during last week. The…
Natural gas (short term delivery) and spot price continued their rallied and hiked throughout the week. Following these changes the difference between future and spot contracted but remained in Contango throughout the week. The NG storage rose again at a…