February 18, 2015 8:25 am
West Texas Intermediate and Brent crude fell in thin trading on Wednesday as several Asian countries entered week-long holidays, with analysts eyeing key housing and inflation data from the US ahead of a private inventory report. US crude for delivery in April traded 0.33% lower at $54.11 per barrel at 7:53 GMT, having shifted between […]
Read moreFebruary 17, 2015 10:58 am
Gold slid on Tuesday amid speculations that demand for the yellow metal will drop as China celebrates its Lunar New Year holiday, despite Europe’s failure to reach an agreement over Greece’s debt. Silver, platinum and palladium fell as well. Copper retreated on continuous signs of economic slowdown in top consumer China. Comex gold for delivery […]
Read moreFebruary 17, 2015 10:06 am
Natural gas rose on Tuesday as investors focused on weather forecasts calling for continuous cold blasts across the northern, central and eastern US. However, expectations for Thursdays EIA inventory report to show five-year average deficits turning into surpluses kept gains limited. Natural gas for delivery in March traded $0.056 higher from Fridays close of $2.804 […]
Read moreFebruary 17, 2015 8:47 am
Gold slid on Tuesday amid speculations demand for the yellow metal will drop as China celebrates its Lunar New Year holiday, despite Europes failure to reach an agreement over Greeces debt. Comex gold for delivery in April was down $4.9 from Fridays close of $1 227.1 at $1 222.2 per troy ounce at 8:26 GMT. […]
Read moreFebruary 17, 2015 8:28 am
West Texas Intermediate and Brent crude rose on Tuesday after OPEC officials signaled optimism that the market will sustain its recent rebound, while the IEA warned of supply risks stemming from Islamic States rise in the Middle East. US crude for delivery in April rose $0.22 to $53.89 per barrel by 8:02 GMT from Fridays […]
Read moreFebruary 16, 2015 12:12 pm
Gold edged up for a third session on Monday before the meeting of Europe’s finance ministers in Brussels who are set to discuss the financial future of Greece. Silver and platinum gained as well, while palladium dropped. Copper dipped in thin trading as Japans economy expanded less than expected last quarter. Comex gold for delivery […]
Read moreFebruary 16, 2015 10:02 am
Natural gas rose for a fifth session in six as weather forecasts continued to call for much lower-than-usual temperatures across the northern and eastern US that would induce significantly stronger heating demand. Natural gas for delivery in March traded 1.18% higher at $2.837 per million British thermal units at 9:46 GMT, having shifted in a […]
Read moreFebruary 16, 2015 8:48 am
West Texas Intermediate and Brent crude dipped on Monday after rising for a third straight week as investors weighed a further drop in the number of active US oil rigs against analysts view that the market remains oversupplied, with no imminent change to come. A possible halt in Libyas entire crude output also lent some […]
Read moreFebruary 16, 2015 8:24 am
Gold edged up for a third session on Monday before the meeting of Europes finance ministers in Brussels who are set to discuss the financial future of Greece. Comex gold for delivery in April was up 0.38% at $1 231.8 per troy ounce at 07:56 GMT, shifting in a daily range of $1 233.6 – […]
Read moreFebruary 15, 2015 1:53 pm
Natural gas rallied on Friday, offsetting the prior sessions drop and snapping three straight weekly losses, as cold weather across the northern and eastern US spurred significantly stronger heating demand that is poised to keep inventory levels near the five-year average. Natural gas for delivery in March rose 3.35% on Friday to settle the week […]
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