The price of oil is starting to pick up again but natural gas is resuming its descent. In the mean time Chesapeake Energy Corporation (CHK) might be on a verge of selling its pipeline to finance its funding problems; Exxon…
Natural gas prices started off the week rising but this rally didn’t last long as Henry Hub future (July delivery) is currently tumbling down. Despite the warmer than normal weather that raised the consumption of Nat gas in residential/commercial sectors…
Gold and silver prices continue to change direction with an unclear trend as they have shifted from gains to losses every day in the past week and a half. Yesterday it was reported that the U.S ISM Non-Manufacturing PMI remained…
Gold and silver continue to shift from gains to losses as both precious metals were trade slightly up on Tuesday; crude oil WTI also edged up while Brent slightly declined. Furthermore, the price of natural gas (spot and future) continued…
Gold and silver prices continue to zigzag and after they had both spiked on Friday, on Monday they have slightly declined. The G-7 will convene today and talk about the EU debt crisis. Currently gold and silver are trading up.…
Following the sharp plunge in the stock markets and commodities markets during Friday after the disappointing U.S employment report came out, the market slightly bounced back on Monday as crude oil (both Brent and WTI) were traded down. Furthermore, the…