Weekly Outlook on NATURAL GAS - 19 April 2024 rahul_pawar Fri, 04/19/2024 - 17:18 Read more about Weekly Outlook on NATURAL GAS - 19 April 2024 Log in to post comments The cost of natural gas saw a 2.7% increase yesterday, closing at 146.90, as projections of limited feed gas demand and milder weather tempered upward momentum. Despite concerns over a significant storage surplus and reduced demand forecasts for the next fortnight, substantial price shifts were notably absent. This trend persisted despite decreased production resulting from reduced drilling activities following a price drop in ..read more

Weekly Outlook on Gold - 05 April 2024 rutujaa_chandvadkar Fri, 04/05/2024 - 16:12 Read more about Weekly Outlook on Gold - 05 April 2024 Log in to post comments In February, global central bank gold reserves continued their upward trajectory, expanding by 19 tonnes. This marks the ninth consecutive month of growth, although the increase was notably lower compared to January, which saw a total addition of 45 tonnes. Despite the month-to-month fluctuation, the year-to-date figures show a substantial increase, with central banks collectively adding 64 tonnes over January and February, a signif ..read more

Weekly Outlook- Crude Oil 07 March 2024 rahul_pawar Thu, 03/07/2024 - 17:42 Read more about Weekly Outlook- Crude Oil 07 March 2024 Log in to post comments Oil prices hold steady amid positive Chinese trade data Image ..read more

Weekly Outlook on Gold - 09 February 2024 rutujaa_chandvadkar Fri, 02/09/2024 - 17:53 Read more about Weekly Outlook on Gold - 09 February 2024 Log in to post comments Gold prices experienced a slight dip on Friday, despite a weakening dollar and bond yields, as markets remained cautious about the possibility of prolonged high U.S. interest rates. The decline in the prices occurred amidst steady economic data from the United States and a series of statements from Federal Reserve officials indicating a hawkish stance, which led to reduced expectations of interest rate cuts in the near future ..read more

Weekly Outlook on Copper - 12 January 2023 rutujaa_chandvadkar Sat, 01/13/2024 - 19:28 Read more about Weekly Outlook on Copper - 12 January 2023 Log in to post comments Copper prices traded with modest gain, supported by a softer dollar and Chinese efforts to strengthen the yuan. The London Metal Exchange (LME) market's surplus in copper led to a noteworthy discount of $108 per ton over the three-month contract, marking a record high for the week ..read more

Weekly Outlook on Natural Gas - 22 December 2023 rutujaa_chandvadkar Fri, 12/22/2023 - 16:31 Read more about Weekly Outlook on Natural Gas - 22 December 2023 Log in to post comments The natural gas market faced a range bound momentum, closing at 206.2, driven by increased production, revised temperature forecasts lowering heating demand, and expectations of reduced gas withdrawal from storage by December's end. Despite these challenges, a rise in gas flows to LNG export facilities and an uptick in demand forecasts for the current week provided some offset. Record production levels and ample ..read more

Weekly Outlook on Gold - 15 December 2023 rutujaa_chandvadkar Fri, 12/15/2023 - 17:28 Read more about Weekly Outlook on Gold - 15 December 2023 Log in to post comments Gold prices in Asian trade experienced a slight increase on Friday, surpassing key levels, following dovish signals from the Federal Reserve. The dollar and Treasury yields faced significant losses, prompting a rebound in the yellow metal from recent declines. The Fed's announcement of halting interest rate hikes and considering deeper cuts in 2024 led to market expectations of at least three rate cuts, with the first potentia ..read more

Weekly Outlook on Copper - 01 December 2023 rutujaa_chandvadkar Fri, 12/01/2023 - 18:49 Read more about Weekly Outlook on Copper - 01 December 2023 Log in to post comments Copper prices saw a modest 0.33% gain, reaching 722 on Thursday, as worries about a slowdown in Chinese manufacturing loomed large. The November's NBS Manufacturing PMI slipped to 49.4, the second consecutive monthly decline, heightened concerns, emphasizing the need for additional government support to fortify China's economic growth. The NBS Non-Manufacturing PMI at 50.2, reflecting the 11th month of service sector expan ..read more

Weekly Outlook on Crude Oil - 24 November 2023 rutujaa_chandvadkar Fri, 11/24/2023 - 17:02 Read more about Weekly Outlook on Crude Oil - 24 November 2023 Log in to post comments The upcoming virtual meeting of OPEC+ on November 30 is drawing significant attention from the oil market, with discussions centering on potential production cuts. WTI crude oil, priced at $76.50 on Friday, reflects the uncertainty as the group considers maintaining its current output cut of 1 million barrels per day into the next year. Image ..read more

Weekly Outlook on Natural Gas - 03 November 2023 rutuja_chachad Fri, 11/03/2023 - 17:08 Read more about Weekly Outlook on Natural Gas - 03 November 2023 Log in to post comments ​On Thursday, the decline in natural gas prices by -0.96% to 288.60 is attributed to record output levels and forecasts of milder weather. Lower heating demand expectations for the next two weeks and an increase in US gas storage by 74 billion cubic feet, though slightly below expectations, contribute to this trend. LSEG reports robust gas production, averaging 104.1 billion cubic feet per day in October. Meteorologic ..read more