Friday, 5 June 2015

Free Online Commodity Tips for Energy

Crude prices on Thursday, slumped more than 2.5% amidst speculation OPEC will maintain its production levels at meeting today.

WTI went down by 2.75% closing at $58.00/ barrel whereas Brent suffered almost equal losses closing at $62.03/ barrel for the July contract respectively.

Natural gas recorded another day of lower closing though losses last day were moderately less as already the commodity has slid heavily in past few sessions.

Weaker inventory data took toll on prices pushing it to fresh 5 week low with the Jul contract finishing near $2.624 per MMBTU on Thursday.

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