Yesterday, natural gas spot price (Henry Hub) rose precipitately by nearly 5%, while April delivery future prices declined by 0.45%, resulting in the premium of future prices over spot reachinf four cents/MMbtu a drop from 27 cents on Friday, March…
Here’s the main news items relates to the crude oil market for March 29th: Middle East and North Africa – update Libyan war- update The rebels were met with resistance from Qaddafi’s armed forces as the rebels have advanced westward…
The gold prices continue to dwindle with no apparent trend while silver prices slow down their rally from last week. Let’s examine the changes in current gold and silver prices as of March 29th: Gold and Silver prices during March…
The week started off with natural gas prices rising, crude oil prices falling and precious metals moderately changing. Let’s review the main price changes in major energy commodities and precious metals for March 28th: Oil and Gas prices: Crude oil…
The adverse ramifications of the tsunami attack on Japan’s economy are far from over, and the stabilization of the nuclear reactor in Fukushima isn’t complete. Nonetheless, Japan will need to look towards importing energy sources to replace the power loss…
Following the rises in natural gas prices in the past couple of weeks, will this uprise continue towards this week? Let’s examine the natural gas market for March 28th: US rigs went up last week According to Baker Hughes, there…