Natural gas and crude oil prices continued their rally yesterday; gold and silver prices also followed with small gains. Here is a summary of the price movement in energy commodities and precious metals for June 9th: Oil and Gas prices:…
Gold and silver prices declined yesterday, but will this recent drop continue towards the remainder of the week. The upcoming ECB rate decision will be made out today; will it have an affect on gold and silver? Let’s review the…
Crude oil prices had a bit of a comeback in the last couple of days. The recent OPEC meeting didn’t bring any annunciation in regards to OPEC’s oil production quota. This might keep oil prices at their current high level.…
Today the Energy Information Administration petroleum will issue its updated oil supply analysis and short term outlook. Trading NRG will review the highlights of this report. Here is a weekly review and analysis of the U.S. oil and petroleum market…
Crude oil prices continued their rally as they inclined yesterday following the decision of OPEC not to raise oil quota. On the other hand, bullion gold prices fell for the second straight day. Here is a summary of the price…
In today’s OPEC meeting the OPEC ministers didn’t come up with a decision today. According to Bloomberg, OPEC members could reach a consensus on whether OPEC should raise oil production or not. OPEC’s official oil production didn’t incline since the…