Oil prices daily outlook 17 June

Following yesterday’s slow trading day in which crude oil prices didn’t change much, they are currently traded down; will this decline continue? Let’s review and analyze the crude oil market for today, June 17th: Crude oil prices – June 2011…

Natural gas storage continues to rise

Natural gas prices (Henry Hub) are traded down in recent days all the way down to $4.52/mmbtu on June 15th, after they have reached last week their highest price level in nearly a year. Last week there was a heat…

Gold & Silver Prices – Daily Outlook 16 June

Gold and silver prices continue to demonstrate a slow recovery from the falls they had at the beginning of the month. The recent rise in USD compared with major currencies especially EURO didn’t seem to have much of an effect…

Oil prices daily outlook 16 June

Crude oil prices fell very sharply yesterday; the last time there was such a sharp fall was back in May 11th when WTI spot oil declined by 5.33%. Before that oil prices fell sharply by 8.18% on May 5th; in…