Crude oil, Natural gas & Gold prices – daily recap January 14

Crude oil price, after falling on Thursday by 0.5% for WTI spot, the WTI spot price increased yesterday, very moderately, by 0.15% to settle at 91.54 $/b, while Brent price rose by 0.87% and reached 98.11$/b.

As a result the gap between the Brent spot and WTI spot is currently at 6.575$/b – the highest gap since last week (6/1).

For Natural gas spot price (Henry Hub), after it sharply declined on Thursday by nearly 1.8%, yesterday it further declined, this time, by 0.89%, and it settled on 4.43 USD/MMBTU. Thus, the Henry Hub spot price completed this week a 1.3% fall.

Nymex Henry Hub Future Price (futures for February), after it sharply declined on Thursday by nearly 3%, yesterday it fell by nearly 1.8%. As a result, the Henry Hub future price settled on 4.48 USD/MMBTU.

The snowy weather in the Northeast, especially in New York, caused the price hike in the NY city gate natural gas spot price at the first half of the week. After rising up to Wednesday, it fell yesterday for the second straight day, this time more sharply by nearly 32%. As a result, this commodity price fell this week by a total of 4.3%, however it still higher than its price at the beginning of the month by 27.5%.

Gold prices after rising all week, fell yesterday by a sharp 1.9% decline to reach 1,360 $/t oz.

Silver prices, fell yesterday for the second straight day, this time, much like gold prices, fell very sharply by 3.22% to reach 28.32$/t oz.

Silver prices fell during the month of January by 9%, while gold prices fell by 4.4%.

EURO/ USD continues to rise as it did all week, yesterday it rose by 0.18%; the USD, however strengthen against the AUD, as the AUD /USD declined by 0.89%.

A summary of yesterday’s Prices Changes:

The following table presents the main descriptive data from last business day – January 14th, for precious metals, energy commodities and exchange rates. The table includes: settled prices, daily percent change, and quantitative change in US dollars (except for USD/CAD, in which the change is in Canadian dollars):

Natural gas spot price, Crude oil price, current Gold prices Silver prices January 14

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