The falls of major oil prices continue for the second straight day; precious metals prices also declined; and natural gas spot prices (Henry Hub) moderately inclined. Here is a short summary of the price changes in major energy commodities and…
Natural gas prices outlook– 12 April
Henry Hub spot price continues to drop as it declined yesterday by 0.99%, while natural gas future prices bounced back yesterday and rose by 1.73% – its first price hike for April. As a result the contango reached 0.09$/Mmbtu. Will…
Crude oil prices outlook – 12 April
The reverse the oil prices took yesterday as they declined after they increased on Friday, might have something to do with the recent Goldman Sachs report, according to Reuters, as GS advised to “lock-in trading profits before oil and other…
Oil prices start off the week falling – April 11
The week started off at the opposite direction from where it ended as oil prices declined precipitately. The precious metals prices ended the day with little changes; and natural gas spot prices (Henry Hub) continued to fall. Here is a…
Gold & Silver Prices Outlook – 11 April
Let’s examine the news and events that might affect current gold and silver prices as of April 11th: War in Libya – will there be a ceasefire? There is a suggested ceasefire, which was made by the Africa Union, between…
Crude oil prices outlook – 11 April
Let’s examine the main news for today, April 11th that might affect the crude oil markets. Libyan conflict – is there an end in sight? The ceasefire plan, which was comprised by the Africa Union, to which Qaddafi had agreed…