The extreme cold weather mainly in the Northeast of the States has subsided and despite the ongoing cold weather in many parts of the US, the consumption for natural gas has declined and consequentially the prices also declined. As traders…
The instability in the Middle East continues to rise as Iran sent to Warships to Syrian and just passed the Suez Canal. Some already speculate that this news and the impediments in transmitting natural gas to Israel are signals for…
Precious metals continue their rally with ongoing rises in gold and silver prices during last week. At the current rate it will be no time before gold will soon pass the 1,400$/t oz. mark (providing of course this rally will…
Here is a summary of the recent EIA weekly report regarding the natural gas market in the U.S. for the week ending on February 11th: The extreme cold weather is mostly behind many parts in the US, especially in the…
Let’s review the main changes in major energy commodities market and precious metals for February 18th: Oil and Gas prices: Crude oil price (WTI spot) continue its rally, after rising on Wednesday by 2.24%, yesterday it inclined by 1.61% as…
Crude oil price (WTI) rose yesterday despite the ongoing downward trend it experienced during 2011. Let’s examine this behavior: The main news related to the recent changes in crude oil prices come from the US and Middle East. In the…