Let’s examine the energy markets and the related news that might affect major commodities’ prices such as natural gas spot price for today, February 17th: Natural gas analysis Yesterday, natural gas spot price moderately inclined by 0.26% to reach 3.93$/mmbtu;…
The EIA recent energy report, pertaining crude oil price and petroleum stocks, referred to Groundhog Day. The EIA analysts suggest that Americans shouldn’t wait for Groundhog Day in planning their purchasing of heating oil. Since, according to EIA calculations, the…
Let’s quickly review the changes in major energy commodities market and precious metals for February 16th: Oil and Gas prices: Crude oil price (WTI spot) after falling for three straight business days, it bounced back yesterday with a 2.24% increase…
The gap between the crude oil price WTI and Brent oil price has reached on Monday a new high, at 19.46$/b. This is the largest gap it recorded in over in 23 years. Yesterday the gap was a bit smaller…
Crude oil price (WTI) declined yesterday as part of the ongoing downward trend it experienced during2011. Let’s examine this behavior: Yesterday crude oil price (WTI spot) fell for the third straight business day, by 0.58% as it settled on 84.32$/b…
Let’s quickly review the changes in major energy commodities market and precious metals for February 15th: Oil and Gas prices: Natural gas spot price (Henry Hub) after declining for seventh straight business days, it broke its fall yesterday with a…