Natural gas prices didn’t do much during the past few days as they have zigzagged with an unclear trend. The warmer than normal weather is keeping the demand for natural gas robust. The total demand rose last week mainly due…
According to the recent monthly report of the U.S. pending homes sales, which was published yesterday July 26th by the National Association of Realtors, the real estate market has shifted again as pending home sales declined during June: the U.S.…
Gold and silver changed direction and pace as both precious metals bounced back on Wednesday. Yesterday it was reported that, in Q2 2012 Great Britain’s Gross Domestic Product contracted by 0.7%. This news may have contributed to the rally the…
Most major commodities changed direction and rallied during yesterday’s trading: crude oil prices including WTI and Brent oil increased; gold and silver prices also rallied as both precious metals hiked. Natural gas Henry Hub (August delivery) tumbled down while spot…
According to this week’s petroleum and oil weekly update prepared by the Energy Information Administration, there is an analysis and update on the status of East Coast Refineries. During last week there was a sharp rise in the U.S stockpiles:…
Gold and silver didn’t do much again during yesterday as silver slipped and gold edged up. According the yesterday’s flash manufacturing PMI reports the Euro Zone and Germany continued to contract during July. Canada’s retail sales edged up by 0.3%…