February 26, 2015 4:05 pm
Natural gas plunged by more than 4% on Thursday after the Energy Information Administration reported a thinner-than-projected withdrawal in US natural gas inventories last week. This added to recent bearish sentiment spurred by extended forecasts calling for a broad warm-up in the US around March 10th. Natural gas for delivery in April fell by 4.30% […]
Read moreFebruary 26, 2015 10:45 am
Gold edged up on Thursday, drifting further away from a seven-week low, as traders evaluated the prospects of an extended period of low interest rates after the speech of Federal Reserve Chairwoman Janet Yellen. Silver, platinum and palladium were up as well. Copper gained on the back of a softer dollar and hopes for a […]
Read moreFebruary 26, 2015 9:58 am
Natural gas gained on Thursday after three straight daily losses ahead of government data that will likely show a significant withdrawal in US natural gas stockpiles, once again forming deficits to the five-year average inventory level. Gains, however, were capped by extended forecasts calling for a warm-up across the majority of the US. Natural gas […]
Read moreFebruary 26, 2015 8:49 am
Gold edged up on Thursday, drifting further away from a seven-week low, as traders evaluated the prospects of an extended period of low interest rates after the speech of Federal Reserve Chair Janet Yellen. Comex gold for delivery in April gained 0.96% to $1 213.0 per troy ounce by 08:22 GMT, having shifted in a […]
Read moreFebruary 26, 2015 8:32 am
West Texas Intermediate and Brent crude fell on Thursday after a sharp rally the previous session as investors weighed record high US crude inventories and output versus better-than-expected China manufacturing data and comments of optimism by Saudi Arabias oil minister. US crude for delivery in April traded 0.90% lower at $50.53 per barrel at 8:06 […]
Read moreFebruary 25, 2015 4:02 pm
West Texas Intermediate crude fell to session lows after the EIA reported that US crude stockpiles rose last week to a new record. However, prices drew support on better-than-expected China and US data, while Saudi Arabias oil minister said oil demand is growing and markets are calm. US crude for delivery April traded 0.12% lower […]
Read moreFebruary 25, 2015 10:20 am
Gold climbed on Wednesday to end three days of losses and trade above $1 200 as Federal Reserve Chair Janet Yellen indicated that a sooner interest rate hike is unlikely. Silver, platinum and palladium rose as well. Copper slid amid ample supply in China. Comex gold for delivery in April gained 0.89% to $1 208.0 […]
Read moreFebruary 25, 2015 9:33 am
Natural gas was little changed for a second day on Wednesday as investors weighed a heavy inventory withdrawal, likely to be reported on Thursday, against extended forecasts calling for warmer weather across the majority of the US. Natural gas futures for delivery in April traded 0.14% higher at $2.893 per million British thermal units at […]
Read moreFebruary 25, 2015 8:23 am
Gold climbed on Wednesday to end three days of losses and trade above $1 200 as Federal Reserve Chair Janet Yellen indicated that a sooner interest rate hike is unlikely. Comex gold for delivery in April gained 1.01% to $1 209.4 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 […]
Read moreFebruary 25, 2015 8:12 am
West Texas Intermediate crude fell for a sixth straight session amid expectations government data will show a jump in US crude inventories to a new record. Brent rose as Chinas manufacturing sector surprisingly expanded, while Greece received a four-month expansion of its bailout program. US crude for delivery April traded 0.28% lower at $49.14 per […]
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