February 11, 2015 8:48 am
West Texas Intermediate and Brent crude rose after data by the American Petroleum Institute showed late Tuesday that US crude inventories fell less-than-expected last week. However, gains remained capped by a grim global supply-demand outlook, with investors eyeing todays EIA supply figures. US crude for delivery in March traded 0.52% higher at $50.28 per barrel […]
Read moreFebruary 11, 2015 8:32 am
Gold gained on Wednesday as investors remained cautious amid concerns around Greeces possible exit from the Eurozone and the prospects of an interest rate hike in the US. Comex gold for delivery in April was up 0.46% at $1 237.9 per troy ounce at 08:07 GMT, shifting in a daily range of $1 238.7-$1 233.2. […]
Read moreFebruary 10, 2015 11:03 am
Gold dipped on Tuesday as the dollar firmed, but remained supported by uncertainty surrounding Greece that prompted safe-haven demand for the yellow metal. Silver, platinum and palladium fell as well. Copper slid as consumer inflation in China slowed the most in five years, fanning fears demand in the red metals top consumer may ease. Comex […]
Read moreFebruary 10, 2015 10:09 am
Natural gas rose for a second day as weather forecasts continued to call for below-usual readings across the northern US, with more cold systems to come. However, gains were capped as the rest of the country enjoys seasonal or warmer conditions, while the EIA will likely report a thin inventory decline on Thursday. Natural gas […]
Read moreFebruary 10, 2015 9:05 am
West Texas Intermediate and Brent crude fell on Tuesday as consumer inflation in China slowed to the lowest in five years last month, reigniting fears about oil demand in the worlds second biggest-economy and oil consumer. US crude for delivery in March traded 1.55% lower at $52.04 per barrel at 8:42 GMT, having shifted in […]
Read moreFebruary 10, 2015 8:30 am
Gold gained for a second session on Tuesday as a fall in global equities, spurred by uncertainty surrounding Greece, prompted safe-haven demand for the yellow metal. Comex gold for delivery in April was up 0.16% at $1 243.5 per troy ounce at 08:06 GMT, shifting in a daily range of $1 245.9-$1 237.9. The precious […]
Read moreFebruary 9, 2015 3:23 pm
Natural gas rose on Monday, ending three days of losses, as forecasting agencies projected temperatures to reach below zero over the Northeast and Great Lakes, spurring higher heating demand. Natural gas for delivery in March rose 0.62% to $2.595 per million British thermal units by 15:10 GMT, having shifted in a daily range of $2.688-$2.571. […]
Read moreFebruary 9, 2015 9:09 am
West Texas Intermediate and Brent were steady on Monday as investors weighed a further drop in the number of active US oil rigs against downbeat trade data from China, coupled with a persisting strike at US refineries. US crude for delivery in March traded 0.27% higher at $51.83 per barrel at 8:42 GMT, having shifted […]
Read moreFebruary 9, 2015 8:18 am
Gold rebounded from a three-week low on Monday following weak Chinese economic data that pressured Asian equities, but gains were capped on US interest rate hike concerns. Comex gold for delivery in April was up 0.38% at $1 240.3 per troy ounce at 08:06 GMT, shifting in a daily range of $1 240.7-$1 234.4. The […]
Read moreFebruary 8, 2015 10:01 am
Natural gas fell on Friday, capping a tenth weekly decline in eleven, amid speculations that warmer-than-usual weather across the majority of the US will induce lighter national heating demand. Natural gas for delivery in March slid 0.81% on Friday to settle the week 4.1% lower at $2.579 per million British thermal units. Prices held in […]
Read more