Natural gas prices kept their rally and spiked during the week; the short term future erased the drop of the past three months in a matter of a three weeks. According to the recent NG storage update, there was only…
Gold and silver prices didn’t do much yesterday and gold edged down while silver moderately declined. The U.S jobless claims didn’t reveal a major shift in the number of claims. The American trade deficit increased. And China’s industrial output growth…
According to the latest producer price index monthly update, which came out today, the PPI for finished goods declined by 0.2% in April compared with March’s index. This report serves as an indicator for the progress of the U.S core…
Gold price changed direction for the first time this week and edged up on Thursday. Silver price continued its downward trend; crude oil price (WTI) also shifted gears and moderately increased; natural gas future price continued it rally and slightly…
Natural gas prices spiked during the week and it seems this rally might continue in the near future. I have already referred to this recovery and think it’s a little over blown. The natural gas storage increased again at a…
According to the recent May report done by the IEA – International Energy Agency on the global crude oil market as of March/April 2012. As the global Oil Supplies rose during April; the non-OPEC supply also increased during last month.…