Natural gas prices on Friday fell to a new 1-week low, extending the sell-off from Wednesday's 2-week high - Religare Broking Ltd
Precious Metal
Gold (Dec)
* Gold prices ended the week in negative for the first time in ten trading weeks, on profit-booking at recent tops, weakening physical demand in India & China, and further weighed by a stronger US dollar.
Crude Oil
* Oil prices increased significantly after the U.S. imposed sanctions on Russian oil giants Rosneft and Lukoil due to the ongoing war in Ukraine.
Natural Gas
* Natural gas prices on Friday fell to a new 1-week low, extending the sell-off from Wednesday's 2-week high. Nat-gas prices continued to sell off on Friday due in part to Thursday's bearish weekly EIA inventory report. The EIA reported on Thursday that nat-gas inventories rose +87 bcf in the week ended October 17, above expectations of +83 bcf and the five-year average of +77 bcf.
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