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Crude oil trading outlook: futures pare weekly gains as supply fears ease

March 27, 2015 8:35 am
West Texas Intermediate and Brent crude trimmed hefty overnight gains as concerns eased that Saudi-led attacks on Yemeni rebels would cripple Mideast crude supplies. Investors eyed US GDP data to gauge the recovery state of the worlds biggest economy. US crude for delivery in May traded 1.71% lower at $50.55 per barrel at 8:10 GMT, […] Read more

Gold trading outlook: futures poised for second weekly gain

March 27, 2015 8:15 am
Gold took a breather on Friday following seven days of gains after the Federal Reserve signaled caution about the recovery of the U.S. economy last week. Comex gold for delivery in April was down 0.40% at $1 200.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 205.6 and $1 199.3. […] Read more

Natural gas trading outlook: futures rise on cold blast, EIA data eyed

March 26, 2015 10:21 am
Natural gas gained on Thursday as a fresh cold blast infiltrated the north-central US, but gains were capped as the rest of the US continued to enjoy mild weather while government data later today will likely register the first inventory build for the season. Natural gas for delivery in May traded 0.62% higher at $2.757 […] Read more

Crude oil trading outlook: futures shoot up amid Mideast military action

March 26, 2015 8:59 am
West Texas Intermediate crude soared for a fifth day and Brent touched a near three-week high after Saudi Arabia and its Gulf Arab allies initiated a strike against Iran-supported Houthi rebels in Yemen, rekindling fears of a widespread conflict in the worlds largest oil-production region. US crude for delivery in May traded 4.80% higher at […] Read more

WTI futures pare daily gains as US crude inventories expand to new record

March 25, 2015 3:03 pm
West Texas Intermediate and Brent crude trimmed previous gains based on a weaker US dollar after the Energy Information Administration reported a larger-than-expected jump in US crude inventories that brought them to a new record. US crude for delivery in May traded 0.25% higher at $47.63 per barrel at 14:50 GMT, shifting in a daily […] Read more

Natural gas trading outlook: futures slide ahead of EIA inventory data

March 25, 2015 10:08 am
Natural gas fell for a fourth day in five as seasonal and slightly warmer weather engulfed most of the US, while investors eyed the seasons first inventory build this Thursday. Natural gas for delivery in May traded 2.21% lower at $2.748 per million British thermal units at 9:46 GMT, shifting in a daily range of […] Read more

Crude oil trading outlook: WTI futures drop ahead of US inventory report

March 25, 2015 8:54 am
West Texas Intermediate fell on Wednesday after private data showed an 11th straight weekly build in US crude inventories and investors eyed todays government data for confirmation. A weaker dollar eased some of the pressure. US crude for delivery in May traded 0.63% lower at $47.21 per barrel at 8:30 GMT, shifting in a daily […] Read more

Gold trading outlook: futures draw support on U.S. rate expectations

March 25, 2015 8:23 am
Gold traded on Wednesday near a two-and-half-week high following five sessions of gains fueled by mounting expectations of a delayed U.S. interest rate hike. Comex gold for delivery in April was up 0.08% at $1 192.4 per troy ounce at 8:06 GMT, shifting in a daily range of $1 193.4 and $1 186.1. The precious […] Read more

Natural gas trading outlook: futures gain on active weather

March 24, 2015 10:09 am
Natural gas rose on Tuesday after sliding for three sessions before a fresh cold blast hits the East late this week following a brief warm-up over the next few days. Gains, however, remained capped as the rest of the country continued to enjoy seasonal or warmer weather, with the first inventory build for the season […] Read more

Crude oil trading outlook: futures drop on China demand fears, Saudi output

March 24, 2015 8:22 am
West Texas Intermediate and Brent crude pared overnight gains on Tuesday as Chinas manufacturing activity contracted in March, while a report showed Saudi Arabia was pumping at a near all-time high of around 10 million barrels of crude oil per day. US crude for delivery in May traded 1.22% lower at $46.87 per barrel at […] Read more