Market Analysis

US West Texas Intermediate and international-benchmark Brent crude oil futures came on Thursday as India’s COVID-19 crisis and resumed a significant US fuel pipeline operation, which pushed crude oil to an eight-week high following the rally forecast had reached the level. A rebound in global demand later in the year. …

American West Texas Intermediate and international benchmark Brent crude oil futures are declining on Thursday as fast traders have breathed a sigh of relief after the mixed inventory report was released on Tuesday and Wednesday. Today’s move does not suggest over-the-top action, but rather more conservative traders looking for a …

Natural gas futures are trading slightly higher on Wednesday, but are within yesterday’s range. Initial price action suggests investor indecision and imminent volatility. The market was above psychological levels on Tuesday, but there were not enough purchases to sustain the attempted breakout. This suggests that buyers feel that it is …

Natural gas futures ended sharply last week, with a rally driven by hopes of a decline in US production due to regularly scheduled pipeline maintenance. However, the gains were overshadowed by favorable weather forecasts and neutral US government storage reports. Bullish Traders Focused on Pipeline Maintenance Maintenance of the pipeline …

WTI Crude Oil The West Texas Intermediate crude oil market has gained significantly during the trading session on Monday, as traders have started worrying about India’s slowing. Eventually, we are starting to see signs that domestic demand is falling, which is certainly very negative for crude oil as India is …

The last phase of this rally started a week ago when on Thursday 15 April, gold futures opened at 47350 and rose 500 on the day. This was followed by an acceptable 43 profit last Friday. This week, gold hit a high of 47850 before moving ahead under mild selling …

Natural gas prices went whipsawed and higher, taking out resistance after an outdoor day making and a smaller resistance than the expected draw in stockpiles. According to the National Oceanic Atmospheric Administration, the weather is expected to be warmer than normal in the United States for the next 6-10 and …

In an almost stealth mode, precious metals have started to trend downward and start a new price, while the US stock market has focused on the FOMC meeting and current economic data a few weeks earlier. Gold, silver and a number of Minor ETFs have recently launched a moderately strong …

US West Texas Intermediate and international benchmark Brent crude oil futures are trading slightly lower after withdrawing most of their earlier losses in Thursday’s mid-session. There was no selling pressure even when the market was still hovering near its high of 18 March. Despite this week’s draw of US crude …

The weakness of the dollar was partly responsible for today’s gains, but most of the gains due to market participants were bidders of the precious yellow metal as active buyers. The most active Silver base Cox contract of May 2021 received $ 0.28, and is currently fixed at $ 25.525. …