Tuesday, 2 June 2015

Free Online Commodity Tips for Energy

Crude Oil
WTI and Brent crude oil prices declined by 0.2 and 1 percent on Monday to close at $60.2 and 64.9/bbl on a strong dollar and concern over stubbornly high supplies as OPEC was expected to stick with robust production at its meeting this week.

Natural gas
Natural gas prices rose marginally by 0.08 percent on Monday to close at $2.65/MMbtu while MCX gas prices also rose by 0.24 percent to close at Rs.170.20/MMbtu. Low demand for natural gas from the residential sector has been the prime reason for weakness in the recent weeks.

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