Crude oil prices didn’t do much during most of the week despite the expectations that hurricane Isaac might have adversely affected the oil market in the U.S. The gap between Brent and WTI slightly shrunk again during last week. The oil…
Natural gas price (short term delivery) resumed its rally during most of last week, while the spot price declined. Following these shifts the difference between future and spot was mostly in Contango during the week. The NG storage rose again…
Gold and silver prices declined again for the third consecutive day. The Euro and Aussie dollar depreciated yesterday and may have contributed to the decrease of precious metals rates. Other commodities, such as oil, also decreased. The U.S jobless claims…
Several commodities prices declined again during Thursday: crude oil price (WTI) declined while the price of Brent oil edged up after it had declined for six consecutive days; gold and silver traded down on Thursday – this was the third…
Gold and silver prices edged down for the second consecutive day. Other commodities also declined. The Euro and Aussie dollar slipped yesterday and may have contributed to the decline of precious metals rates. A couple of U.S reports came out…
Natural gas prices didn’t do much during recent days as they have shifted from gains to losses with an unclear trend. Hurricane Isaac hasn’t seemed to affect the natural gas production in the Gulf of Mexico. The total demand edged…