Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 19, 2013 11:10:28

The price of natural gas increases

ColosseumYesterday the stock of gas sent the price to a maximum of ten. Inventories increased by 31B, but analysts expected growth stocks 35B. From a technical point of view the market broke through resistance in the form of rising trend line (Figure 1). Gas is from March of last year, the growing trend since its stock market price increased by more than 130%. The next level where the price could stop it, it can be observed on the price of 5 USD / MMBtu (Figure 2). Current price contract for delivery in May is 4,417 USD / MMBtu. Graph 1: Daily gas price in USD per MMBtu unadjusted effect of scrolling (Source: Colosseum) Chart 2: Týenní gas price in USD per MMBtu unadjusted effect of scrolling (Source: Colosseum) TO THIS MESSAGE MAY APPLY TO DECREE NO . 114/2006 Coll., the fair presentation of investment recommendations. In this report, the deceased PRO of Directors created or prepared for it.ADMINISTRATIVE OFFICE THAT UNDERTAKEN BY OVER SURVEILLANCE, THE CZECH NATIONAL BANK. ACCORDING TO THINK THERE ARE CIRCUMSTANCES, which could impair OBJECTIVITY THIS REPORT. Remuneration to persons who participated in the creation of this report is NOT DERIVED FROM TRADES COMPANY. Potential conflicts of interest in relation to this report is regulated by internal regulations. PAST RESULTS ARE NOT ANY WARRANTY PERIOD FOR FUTURE DEVELOPMENT. TRADING NAand # 160; FINANCIAL MARKETS IS RISK. NOT EXCLUDE THE POSSIBILITY OF LOSS AND EVERY TRADE is associated with certain risks. BEFORE YOU DECIDE TO INVEST, POUČENÍand READ # 160; OANDA # 160; RISKS.

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