The crude oil market didn’t do much at the end of last week; however the unrest in the Middle East might stir up again the crude oil market. Here’s the main news items relates to the crude oil market for…
Oil prices started strong & finished weak – Weekly recap 21-25 March
Despite the uprising in the Middle East and North Africa, and the ongoing adverse ramifications of the tsunami attack in Japan (see here for more on these news and their relation to crude oil prices), crude oil prices didn’t fluctuate…
Natural gas prices shifted direction to a rise – Weekly recap 21-25 March
The natural gas market showed some resilience in the past couple of weeks as natural gas prices bounced back after they have declined in the beginning of March. The rise in natural gas is probably related to the ongoing cold…
Weekly forecast for 28 March- 1 April
Here is a weekly forecast for Match 28th to April 1st presenting the main news items, reports and events scheduled for this week related to US, Canada, Australia and Europe. In addition to the reports that might affect the commodities markets,…
Gold & Silver Prices continue their rally –21-25 March
The turmoil in Japan and the war in Libya keep the uncertainty in the commodities markets high; this situation might be one of the reasons for the recent rally of precious metals, especially silver prices (for more on the recent…
Natural gas prices finished the week with mixed trend – March 25
The final day of the week closed with very moderate changes for crude oil prices; natural gas spot price continued to zigzag as it fell, while Henry Hub short term future prices rose; gold and silver prices declined. Let’s review…