Major commodities prices shifted direction and after they had risen on Tuesday, they declined on Wednesday: gold and silver prices declined by a moderate rate, crude oil prices also moderately declined. Natural gas spot prices on the other hand kept…
The natural gas prices sharply declined during last week despite the growing domestic demand for natural gas as the weather is getting colder. This is probably due to the substantial growth in onshore production, particularly in shale formations. The current…
In the recent Energy Information Administration petroleum report there is an outlook for the near future of the oil market with an analysis of the main factors that could affect the changes in crude oil prices in the rest of…
Gold and silver prices continued to rally and moderately inclined yesterday. The news from Greece and Italy continues to pour in but doesn’t seem to have much of an effect on the commodities and forex markets (for the time being).…
Major commodities prices sharply inclined yesterday and thus continued the positive upward trend precious metals and most energy commodities enjoyed in recent days: gold and silver prices rose by a moderate rate, crude oil prices also slightly inclined. Natural gas…
China’s inflation rate sharply plummeted in October and reached an annual inflation rate of 5.5% – the lowest level since May 2011 and sharpest single month drop since 2009. In addition there was a slowdown in the growth of industrial…