Natural gas prices sharply decline – daily recap January 25

Here is a daily recap for January 25th of major energy commodities market and precious metals market, as both markets showed weakness yesterday:

Oil and Gas prices:

Natural gas spot price (Henry Hub) fell yesterday by nearly 6 %(!!) – the sharpest percentage fall in January, as it settled on 4.45 USD/MMBTU.

The Nymex Henry Hub Future Price (short term) continued to decrease as it fell yesterday by 2.4% and settled on 4.47 USD/MMBTU.

The demand for natural gas in the East coast probably dropped as the NY city gate natural gas spot price declined yesterday by 16.76%.

Crude oil price (WTI spot) continues its freefall…yesterday it declined by 1.77% as it settled on 85.14 $/b; WTI future price declined by 1.91% and reached 86.19$/b; and finally, Brent oil price also fell by 1.4% and reached 94.62 $/b.

Currently, the gap between the Brent oil and WTI is nearly 9.48$/b. And the gap between WTI future price and spot price is 1.05$/b.

Precious Metals prices:

Gold prices moderately declined yesterday by 0.91% and reached 1,332 $/t oz.

Silver prices, much like gold prices, fell yesterday by 1.89% and reached 26.93$/t oz.

EURO/ USD moderately rose yesterday by 0.32%, while the USD strengthened against the CAD, as the USD/ CAD inclined by 0.34%. 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 25th, 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 25

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