Crude oil prices including WTI and Brent tumbled down during the first day of the week. This was the second consecutive business day in which oil rates declined. Natural gas Henry Hub (August delivery) and spot price continued to rally.…
Natural gas prices resumed their upward trend hiked during most of last week. Following these developments the difference between future and spot shifted from Backwardation back to Contango. The recent rise in oil prices during last week may have contributed…
Natural gas prices resumed their rally in recent days, after they hadn’t done much during last week. The warmer than normal weather is keeping the demand for natural gas higher than last year. Nonetheless, the total demand declined last week…
The energy commodities traded up yesterday following the positive news of the rise in housing starts. Crude oil prices including WTI and Brent rose for the fifth consecutive day; natural gas Henry Hub (August delivery) and spot price also rose.…
Crude oil prices including both WTI and Brent continued to trade up and rose for the fourth consecutive day; gold and silver rates edged down for the second consecutive day. Natural gas Henry Hub (August delivery) and spot price also…
Natural gas prices didn’t so much during the week despite their sharp daily shifts. Since natural gas changed direction almost daily, the Henry Hub didn’t present a certain trend during the week. Following these changes the difference between future and…
Natural gas prices didn’t rise in recent days as they did a couple of weeks back. The warmer than normal weather is keeping the demand for natural gas robust compare to last year. Nonetheless, the total demand slipped last week…
Major commodities continue to zigzag: they changed direction again and after they had decreased on Tuesday, major commodities prices rose on Wednesday. Crude oil prices including both WTI and Brent bounced back on Wednesday. Gold and silver prices didn’t do…
Natural gas prices changed direction and for the first time in three weeks the future price declined. On the other hand the NG spot price continued to rise. Following these changes the difference between future and spot shifted from Contango…
Natural gas prices continued to rise during last week. The recent hike in oil prices by the end of the week may have also helped pull up natural gas rates. According to the recent NG storage update, there was only…