Major commodities trade in mixed trend on the last day of the week: WTI oil rose while Brent oil edged down yesterday; gold and silver changed direction and declined on Friday; natural gas Henry Hub future (October delivery) and spot…
Crude oil prices moved with an unclear trend during last week. The difference between Brent and WTI rose during last week. The oil stockpiles changed direction and fell during last week by 2.6 M bl. WTI oil declined by 0.45%…
Natural gas (short term delivery) and spot price continued their upward trend and hiked throughout last week. Following these shifts the difference between future and spot also expanded and was in Contango throughout the week. The NG storage rose again…
Following the decline of precious metals during most of the week, they have changed direction as both gold and silver prices pulled up on Thursday along with the rest of the market including oil prices, the Euro and major stock…
Natural gas prices hiked during the past several days. The total NG demand rose during the week mainly due to the rise in the demand in the industrial sector. The natural gas production rose and the rig count also increased.…
Major commodities trade up on Thursday: WTI oil and Brent oil rallied yesterday; this rally came after the WTI oil price had declined in the previous three days; gold and silver also bounced back and rose on Thursday; natural gas…