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Gold trading outlook: futures edge up after fresh three-month low

March 12, 2015 8:32 am
Gold climbed up for the first time in nine sessions on Thursday to trade above a fresh three-month low as a robust dollar and increasing speculations about a sooner boost of U.S. interest rates dented demand for the precious metal. Comex gold for delivery in April was up 1.02% at $1 162.3 per troy ounce […] Read more

WTI futures below $48 as US crude inventories jump

March 11, 2015 4:26 pm
West Texas Intermediate crude hovered near a 1-1/2-month low after data by the Energy Information Administration showed US crude oil inventories continued to expand, while output hit the highest in more than three decades. WTI crude for delivery in April traded 1.10% lower at $47.76 per barrel at 16:06 GMT, shifting in a daily range […] Read more

Natural gas trading outlook: futures ease on mild weather

March 11, 2015 10:07 am
Natural gas fell on Wednesday as most of the US continued to enjoy seasonal and slightly warmer temperatures. Gains were limited, however, ahead of Thursdays expectedly above-average inventory decline and as extended forecasts showed a return of cooler temperatures to the north-eastern US next week. Natural gas for delivery in April traded 0.77% lower at […] Read more

Natural gas trading outlook: futures inch up after hefty drop

March 10, 2015 10:01 am
Natural gas traded slightly higher on Tuesday but failed to regain much from heavy overnight losses as forecasts for a cold weather system across the North later this week turned less bullish. Natural gas for delivery in April rose 0.71% to $2.697 per million British thermal units by 9:41 GMT, shifting in a daily range […] Read more

Crude oil trading outlook: futures slide on strong dollar, China CPI supports

March 10, 2015 8:53 am
West Texas Intermediate and Brent crude fell on Tuesday as a firmer dollar offset better-than-expected consumer inflation data from China, while analysts awaited this weeks US inventory data, expected to show a rise to new records. US crude for delivery in April traded 0.48% lower at $49.76 per barrel at 8:30 GMT, shifting in a […] Read more

Natural gas trading outlook: futures drop on US thaw

March 9, 2015 9:57 am
Natural gas plunged on Monday as warm temperatures across the US continued to gain ground, significantly easing heating demand. Natural gas for delivery in April traded 3.59% lower at $2.737 per million British thermal units at 9:33 GMT, shifting in a daily range of $2.778-$2.727. The contract fell 0.07% on Friday to settle the week […] Read more

Crude oil trading outlook: Brent futures extend drop on firm dollar

March 9, 2015 8:47 am
West Texas Intermediate marked a slight increase, while Brent extended losses into a fourth session as the US dollar hovered near the highest level in more than 11 years against a basket of major trading peers and Goldman Sachs predicted a reverse in oils recent gains. US crude for delivery in April traded 0.20% higher […] Read more