Gold And Silver | Weekly Recap for February 18-22

Crisis chart

The prices of precious metals continued their downward trend and plummeted during last week mainly on Wednesday. The speculations around the future steps of the FOMC with respect to its monetary policy including the QE3 program time-frame may have contributed to the…

Oil Prices – Weekly Recap February 18-22

Oil Pump

Crude oil price declined again during last week. The U.S stockpiles slightly fell according to the latest EIA report. The difference between Brent and WTI has contracted to a range between $21 and $22 during the previous week. Brent declined…

Natural Gas – Weekly Recap February 18-22

Pipeline

Natural gas (short term delivery) changed course and rallied during last week.  According to the recent natural gas storage report, the natural gas storage contracted by a slightly faster than the average five years. Based on the to recent EIA…