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Natural gas trading outlook: futures extend drop on mild weather

January 20, 2015 10:18 am
Natural gas fell for a third day on Tuesday as forecasts called for mostly warmer-than-usual weather across the US this week, with no threats for significantly colder conditions for the following seven days. On the New York Mercantile Exchange, natural gas futures for delivery in February were down 4.41% at $2.989 per million British thermal […] Read more

Gold trading outlook: futures trade below 4-month high ahead of ECB meeting

January 20, 2015 8:06 am
Gold held below its highest in four months on Tuesday amid a strengthening dollar days before the probable launch of the European Central Banks quantitative easing program. Comex gold for delivery in February was up 0.16% at $1 279.0 per troy ounce at 07:53 GMT, shifting in a daily range of $1 282.0 – $1 […] Read more

Natural gas trading outlook: futures extend slide as Arctic air seen contained

January 19, 2015 9:55 am
Natural gas fell for a third straight session on Monday as weather forecasts called for the likelihood of frigid air late this week to remain mostly contained within Canada, selling off previous expectations for Arctic blasts to hit large parts of the US. Natural gas for delivery in February slid 4.19% to $2.996 per million […] Read more

Crude oil trading outlook: futures decline on OPEC supply, China outlook

January 19, 2015 8:31 am
West Texas Intermediate and Brent crude fell on Monday as Iraq boosted output to a record, while Saudi Arabian exports hit a 7-month high in November, underscoring OPECs firm stance to protect its market share. Expectations for a slowdown in Chinas GDP growth below the governments official target further dragged on prices. US crude for […] Read more

Natural gas futures weekly recap: January 12 – January 16

January 18, 2015 9:33 am
Natural gas settled lower on Friday, trimming a weekly advance, after swinging between gains and losses amid forecasts for active and still unclear weather developments for the last two weeks of January. Natural gas for delivery in February fell $0.072 on Friday on the New York Mercantile Exchange to settle the week 4.1% higher at […] Read more