Crude oil prices sharply fall – daily recap January 27

Here is a daily recap for January 27th of the major energy commodities market and the precious metals market; most energy commodities fell yesterday, and precious metals also moderately decreased:

Oil and Gas prices:

Crude oil price (WTI spot) after rising sharply on Wednesday, got back to decrease as it fell yesterday by 1.94% as it settled on 86.64 $/b;

The demand for natural gas in the East coast is rising due to the cold front,, as a result the natural gas spot price (NY city gate) inclined yesterday by 25.45%.

Natural gas spot price (Henry Hub) remained unchanged.

Precious Metals prices:

Gold prices moderately declined by 1.1% and reached 1,319 $/t oz.

Silver prices, much like gold prices, declined yesterday by 0.36% and reached 27.0.31$/t oz.

EURO/ USD continues to moderately incline, yesterday it rose by 0.15%, while the USD weaken against the CAD, as the USD/ CAD declined by 0.1%. For a more detailed report on the EURO/USD check out Forex crunch.

A summary of yesterday’s Prices Changes:

The following table presents the main descriptive data from last business day – January 27th, 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 27

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