The snowfall is coming back to the northeast of the U.S. which could explain the recent rise in the natural gas spot price (NY gate price). There is a decline in gas rigs and the ongoing downward trend of Henry…
Natural gas, Gold & Crude oil prices – daily recap Jan 10
Crude oil price (WTI), as expected, increased yesterday by 1.39% for WTI and 2.06% for Brent spot price. Yesterday’s price increase breaks the decline crude oil price has experienced last week as WTI fell by 3.8% and Brent spot price…
Crude oil price outlook – 10 January
There are two news items worth reviewing that developed over the weekend, and could influence crude oil price, especially WTI price and push it higher today. Let’s check them out: Crude oil price today – 10 January The Canadian oil…
Weekly outlook for Crude oil, Natural gas and Gold 10-14 January
The second week of 2011 is underway, here is a weekly outlook for the week of January 10th to 14th showing the news items and reports that will be published this coming week mainly related to the US, Australia and…
U.S Labor report and its effect on crude oil price & spot gold price
Last week the Bureau of Labor Statistics published the U.S. employment situation report for the month of December 2010. The report shows an improvement in the labor stats in the U.S. as the unemployment rate fell by 0.4 percent point…
Gold and Silver Prices– weekly recap Jan 3-7
This is a weekly recap for the week of January 3rd to 7th on spot gold price and silver prices: After last week’s bullish behavior of precious metals prices, especially for silver prices, this week, started off with a sharp…