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):
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
No comments:
Post a Comment