email:  
 
 
  
 

Wednesday, May 31, 2006

Markets To Watch Today

Natural Gas: Natural Gas closed lower yesterday, as a rally early in the session lost steam. Coming off a 15-month low hit prior to the Memorial Day holiday, some bargain hunters discounted the storage numbersm, which are currently 50% above the 5-year average. July Natural Gas is trading at 6.090, down 3.3 cents this morning.


Crude Oil: Crude Oil hopped above $72 a barrel yesterday, as Chinese demand for the fuel is expected to increase. Iran's nuclear ambitions continue to influence the market. July Crude is trading at 71.40, down 63 cents this morning.


Silver: Silver soared yesterday early in the session, as a sharp decline in the Dollar supported the metal. Profit- taking late in the session prevented the market from closing at session highs. July Silver is trading at 12.950, down 12 cents this morning.