Thursday, 28 May 2015

Energy News and Tips in Commodity Market

Crude Oil
Oil prices declined on Wednesday with WTI and Brent losing its value by 0.9 and 0.3 percent respectively. France's warning to Iran that it was ready to block a final deal on Tehran's nuclear program unless Iran provided full access to inspectors. Iran needs the nuclear deal to unlock sanctions on its crude exports.

Natural gas
Natural gas prices on the NYMEX declined by 0.56 percent to close at $2.83/MMbtu while MCX gas prices rose by 2.63 percent to close at Rs.183.70/MMbtu. 

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