March 24, 2015 8:04 am
Gold slipped on Tuesday but remained near its highest level in two weeks as investors weighed the prospect of a September interest rate increase. Comex gold for delivery in April was down 0.05% at $1 187.1 per troy ounce at 7:37 GMT, shifting in a daily range of $1 189.8 and $1 184.7. The precious […]
Read moreMarch 23, 2015 9:51 am
Natural gas fell for a third day on Monday ahead of a brief warm-up across the Northeast, while the rest of the US continues to enjoy mostly seasonal or slightly warmer weather. Investors eyed this weeks inventory report by the EIA, expected to show the first build for the season. Natural gas for delivery in […]
Read moreMarch 23, 2015 8:31 am
West Texas Intermediate and Brent crude fell on Monday as Saudi Arabia said it is pumping at a near-record level and that it would not unilaterally cut production to normalize the market. A further drop in the number of active US rigs seeking oil did little to support prices. US crude for delivery in May […]
Read moreMarch 23, 2015 8:18 am
Gold traded near the highest in two-weeks on Monday following three sessions of gains after the Federal Reserve reduced its overall evaluation of the U.S. economy. Comex gold for delivery in April was down 0.22% at $1 182.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 186.6 and $1 180.4. […]
Read moreMarch 22, 2015 8:15 am
West Texas Intermediate and Brent crude rose on Friday, with the European benchmark snapping two straight weekly losses, as a weaker dollar eased pressure on dollar-denominated commodities, while the number of active US rigs targeting oil slid for a fifteenth straight week to the lowest in over four years. US crude for delivery in May […]
Read moreMarch 21, 2015 11:48 am
Natural gas fell on Friday but settled the week higher as cold blasts across the north-eastern US lined up. However, sentiment remained neutral, if not skewed to the upside, as the rest of the US continues to enjoy seasonal and higher temperatures, curbing heating demand on national level. Natural gas for delivery in April slid […]
Read moreMarch 20, 2015 10:25 am
Natural gas rose on Friday and headed for a sizable weekly gain as the north-eastern US braced for a strong cold blast that would induce a period of stronger heating demand. Gains, however, were limited as the rest of the US remains near-seasonal or slightly warmer. Natural gas for delivery in April traded 0.92% higher […]
Read moreMarch 20, 2015 8:36 am
West Texas Intermediate crude held near the lowest in six years and Brent fell towards $54 as US inventories were at the highest in more than 80 years, exacerbated by oversupply fears after Kuwait said OPEC needs to maintain its production policy. US crude for delivery in May traded 0.22% lower at $45.43 per barrel […]
Read moreMarch 20, 2015 8:07 am
Gold edged up on Friday to trade near a two-week high as investors regained some confidence in the metal after the Federal Reserve indicated a slower pace of interest rate hikes. Comex gold for delivery in April was up 0.13% at $1 170.5 per troy ounce at 7:42 GMT, shifting in a daily range of […]
Read moreMarch 19, 2015 10:39 am
Natural gas fell for the first time in three days before the Energy Information Administration likely reports a near-normal inventory withdrawal. A cold blast, expected to hit the northern US this weekend, kept losses checked. Natural gas for delivery in April traded 0.82% lower at $2.896 per million British thermal units at 10:18 GMT, shifting […]
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