Yesterday, most of the energy commodities’ prices, including Crude oil prices and precious metals prices (Gold and Silver) continue to rise as it did at the beginning of the week. In particular, WTI Crude oil continues to rise and is getting closer to the 90 USD/b mark.
According to Bloomberg, during November Japan imported 5.8% more of crude oil compares to November of last year.
Natural gas continue to show inconsistency among its different prices, as the New York City Gate Spot fell for the second straight day, this time by over 21%; The Henry Hub Spot rose for the second straight day by a moderate 0.5% percent incline; and finally, the Nymex Henry Hub Future fell by 4.2% and thus eliminating most of the previous day’s rise of 4.1%, and reaching a similar price as it did at the weekend. The last price cut could be partly related to the expiry of its future a couple of days ago.
Here is your daily summary for yesterday, December 21st for Major Commodity daily prices:
In the following table are the main descriptive data from last business day – December 21st including: settled prices, the daily percent change compare to previous business day, and the quantitative change in US dollars for each of these prices and exchange rates (except for USD/CAD, in which the change is in Canadian dollars):
For further reading:
- China’s effect on Crude oil prices in 2011 –Dec 21st (in this site)
- Weekly outlook for Crude oil, Natural gas and Gold 20-24 Dec (in this site)
- Crude oil and Natural gas prices – Weekly recap 13-17 of Dec (in this site)