US natural gas prices hit 10-year-low amid mild temperatures in many regions
The price of natural gas — which consumers use largely to heat their homes — fell 6.8 per cent to US$ 2.49 on the New York Mercantile Exchange on Tuesday. "As a general rule, when the commodity prices are lower, utility bills trend down over time …
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Baltic Baloney
At least they did up until 2010, and traders worshipped the Baltic Dry Index as a commodity price crystal ball. In 2010, the relationship broke down. As was explained at length in an FNArena article twelve months ago (Has The Baltic Index Gone Dry?) …
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