January 8, 2015 8:40 am
West Texas Intermediate and Brent crude were little changed on Thursday after snapping four days of losses yesterday as US crude oil stockpiles slid more than expected and the US economy showed further signs of robust recovery. US crude for delivery in February traded 0.21% higher at $48.75 per barrel on the New York Mercantile […]
Read moreJanuary 7, 2015 4:05 pm
West Texas Intermediate and Brent crude pared gains accumulated during the day after the Energy Information Administration reported hefty gains in petroleum products inventories and a rise in US crude output, offsetting a drop in crude stockpiles. US crude for delivery in February traded 0.63% higher at $48.23 per barrel at 15:46 GMT, having shifted […]
Read moreJanuary 7, 2015 12:37 pm
Gold fell on Wednesday, ending three days of gains, as the dollar and equity markets advanced, but held ground near a three-week high on persisting uncertainty over Greeces future in the Eurozone. Silver, platinum and palladium declined as well. Copper hovered near the lowest in more than four years as tumbling oil prices hit broader […]
Read moreJanuary 7, 2015 9:33 am
Natural gas gained for a second consecutive session on Wednesday as forecasting agencies projected temperatures to reach below zero over some US regions, but extended forecasts showing seasonal readings across the majority of the country capped gains. Natural gas for delivery in February traded 0.27% higher at $2.946 per million British thermal units at 9:05 […]
Read moreJanuary 7, 2015 8:45 am
Gold fell on Wednesday, ending three days of gains, but traded near a three-week high as investors took shelter in the precious metal amid plunging oil and equity prices. Comex gold for delivery in February dropped 0.43% to $1 214.2 per troy ounce by 08:22 GMT, having shifted in a daily range of $1 219.4 […]
Read moreJanuary 7, 2015 8:31 am
Both West Texas Intermediate and Brent crude fell for a fifth session, hitting lows not seen since April 2009, as speculations of rising US crude oil inventories exacerbated a global supply glut that slashed prices by almost a half in 2014. A strong dollar and slowing global business growth further weighed on the market. US […]
Read moreJanuary 6, 2015 12:52 pm
Gold rose for a third day to hit three-week highs as political uncertainty in Greece led a weakness in equities, sparking safe haven bids for bullion which offset the negative effects of a stronger dollar. Palladium and platinum ticked up, while silver was little changed. Copper hovered near 4-year lows as risk appetite remained subdued […]
Read moreJanuary 6, 2015 9:36 am
Natural gas fell for a fourth out of five sessions on Tuesday to trade above a two-year low it reached on Friday as forecasting agencies predicted milder conditions over most states. Natural gas for delivery in February traded 0.24% lower at $2.875 per million British thermal units at 9:12 GMT, having shifted in a daily […]
Read moreJanuary 6, 2015 8:45 am
West Texas Intermediate and Brent crude hit new multi-year lows after falling by more than 5% on Monday as speculations about a jump in US oil inventories last week exacerbated a global supply glut that has slashed the crude benchmarks by half since June. A strong dollar and lackluster manufacturing growth in major consumers further […]
Read moreJanuary 6, 2015 8:11 am
Gold rose for a third consecutive session on Tuesday as investors looked for the safety of the metal due to weakness in global equities and Greece concerns. Comex gold for delivery in February gained 0.40% to $1 208.8 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 201.6 and $1 […]
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