Oil prices moderately rise – April 6

Yesterday, crude oil prices (WTI and Brent oil) moderately inclined; gold and silver prices continue their rally; natural gas spot price (Henry Hub) continues to zigzag as it declined yesterday.

Here is a short summary of the price changes in major energy commodities and precious metals for April 6th:

Oil and Gas prices:

Crude oil price (WTI spot) moderately inclined yesterday by 0.45% and reached 108.83$/b.

Brent spot price also rose by 0.47% to reach 121.93$/b.

As a result, the difference between Brent and WTI rose and reached at 13.10$/b.

Natural gas spot price (Henry Hub) continues to zigzag and declined yesterday by a 0.95% to reach 4.18$/mmbtu.

The Henry Hub future price, continue to decline by 1.89% to reach 4.15$/mmbtu, resulting in the spread between future and spot price reaching to -0.03$/mmbtu, i.e. backwardation.

Precious Metals prices:

Gold prices inclined by 0.41% and reached 1,458$; silver prices also inclined by 0.52% and reached 39.39$. During April, gold prices increased by 2.1%, and silver prices by 4.4%.

EURO/ USD moderately increased as the USD depreciated yesterday by 0.7%. For a more detailed report on major currencies, check out Forex crunch.

A summary of yesterday’s Prices Changes:

The table below includes: closing prices, daily percent change, and change in US dollars (except for USD/CAD, in which the change is in Canadian dollars):

Current Crude oil price, Natural gas spot price, Gold prices Silver prices April 6


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