Oil and Natural Gas Rose again on Wednesday–Recap June 27th

Crude oil prices continued with their comeback and both WTI and Brent oil rose on Wednesday. Natural gas Henry Hub (July delivery) and spot price also rose. Gold and silver prices didn’t do much on Wednesday as gold slightly increased while silver slightly fell. The Euro slightly depreciated again against the USD. Several other exchange rates such as the Aussie dollar rose again USD.

Here is a summary of the daily changes in precious metals and energy commodities for June 27th, 2012:

Forex and Bullion Markets:

Gold rose by 0.22% to $1,578.4; Silver decreased by 0.38% and reached $27.0. During the month, gold increased by 0.91% while silver declined by 2.73%.

The Euro/USD decreased by 0.18% to 1.2469; alternatively, the U.S Dollar fell against several currencies such as Australian dollar by 0.17%.

Energy Commodities:

WTI oil price increased yesterday by 1.07% to $80.21 per barrel;

Brent oil rose by 0.74% to $92.98 per barrel;

Following these shifts, the difference between Brent and WTI reached $12.77/bbl. During the month, WTI decreased by 7.3% and Brent oil by 8.9%.

Finally, the Henry Hub future (July delivery) rose again by 1.45% to $2.80/mmbtu; the Henry Hub spot hiked to $2.80/mmbtu; the difference between the spot and future fell to $0.07, Backwardation.

A Summary for June 27th:

The table below includes: closing prices, daily percent changes, and daily changes:

 Gold Silver Crude oil Natural gas 2012 June 27

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