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Natural gas trading outlook: futures fall further on mild temperatures

December 22, 2014 9:10 am
Natural gas fell on Monday, extending declines to a third day, on projections of milder weather over the eastern US and the West Coast during the week. On the New York Mercantile Exchange, natural gas for delivery in January declined by 3.93% to $3.328 per million British thermal units by 8:43 GMT, having shifted in […] Read more

Gold trading outlook: futures edge up to trade near $1 200

December 22, 2014 8:05 am
Gold started the week with a slight increase on Monday, after the precious metal ended two weeks of gains as Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.37% to $1 200.4 per troy ounce by 07:48 GMT, having shifted in a daily range of $1 […] Read more

Natural gas futures weekly recap, December 15 – December 19

December 21, 2014 10:21 am
Natural gas slid in four out of five trading sessions this week and registered a sizable weekly drop as short-term weather forecasts pointed to mostly seasonal readings across the US through the weekend. Natural gas for delivery in January plunged 4.89% on Friday to settle the week 8.9% lower at $3.464 per million British thermal […] Read more

Natural gas trading outlook: futures extend losses after EIA report

December 19, 2014 10:26 am
Natural gas fell for a fourth session in five this week, despite forecasting agencies projections for a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January declined by 0.47% to $3.625 per million British thermal units by 10:05 GMT, having shifted in a daily range between $3.677 […] Read more

Gold trading outlook: futures set to end two-week gains

December 19, 2014 8:48 am
Gold scored a slight increase on Friday, but continued to trade below $1 200 and headed to its first weekly decline in three after Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.27% to $1 198.0 per troy ounce by 08:26 GMT, having shifted in a […] Read more

Crude oil trading outlook: oversupply holds futures near 2009 lows

December 19, 2014 8:33 am
Both West Texas Intermediate and Brent crude remained near the lowest levels in 5-1/2 years as global oil oversupply showed no signs of receding, with Saudi Arabias oil minister saying the price slump was temporary. US crude for delivery in February traded at $54.73 per barrel at 8:10 GMT, up 0.68% on the day, having […] Read more

Natural gas futures retain gains after EIA stockpiles data

December 18, 2014 3:55 pm
Natural gas clung on to gains on Thursday after the Energy Information Administration reported a larger-than-expected decline in US gas inventories, adding to bullish sentiment fanned by weather forecasts for a colder end to the year. On the New York Mercantile Exchange, natural gas for delivery in January was up 1.35% at $3.752 per million […] Read more

Commodities trading outlook: gold rises on physical demand, Fed; copper swings

December 18, 2014 1:09 pm
Gold gained on Thursday after the US Federal Reserve announced it would not immediately raise interest rates and on signs of higher physical demand. Silver, platinum and palladium also jumped. Copper swung between gains and losses as the US dollar fluctuated and oil prices rebounded, while China showed new signs of slack. Comex gold for […] Read more