December 4, 2014 9:41 am
Natural gas slid for a sixth consecutive session and reached a new low as forecasts project milder weather over the majority of the US, with brief cold interruptions. Natural gas for delivery in January lost 0.60% to $3.782 per million British thermal units by 9:25 GMT. Prices held in a daily range between $3.808 and […]
Read moreDecember 4, 2014 8:49 am
Brent and West Texas Intermediate both rose on Thursday, extending gains from yesterday, as US crude reserves slid last week, but upside momentum was limited amid OPEC inaction. January US crude gained 0.76% on Thursday to $67.89 per barrel by 08:05 GMT. Prices held in a daily range between $68.22 and $67.28 a barrel. The […]
Read moreDecember 3, 2014 4:08 pm
West Texas Intermediate crude retained daily gains after data by the Energy Information Administration showed a larger-than-expected draw in US crude stockpiles. However, both major refined product categories saw significant builds, while domestic crude output rose to the highest in more than three decades. Brent held ground as well. January US crude was up 1.38% […]
Read moreDecember 3, 2014 12:58 pm
Gold was steady around $1 200 on Wednesday, supported by a rebound in oil prices, but a strong dollar kept gains checked. Copper fell as worries over demand from top consumer China failed to spur bargain hunting even though prices slid to multi-year lows. Silver dipped, while platinum and palladium rose. Comex gold for delivery […]
Read moreDecember 3, 2014 10:08 am
Natural gas fell for a fifth consecutive session and reached a new low as forecasts bring news of milder weather over the majority of the US. Natural gas for delivery in January lost 0.80% to $3.843 per million British thermal units by 9:50 GMT. Prices held in a daily range between $3.866 and $3.830, its […]
Read moreDecember 3, 2014 9:27 am
Brent and West Texas Intermediate edged up on Wednesday, regaining a fraction of the recent losses to mark a second daily increase out of seven trading sessions. January US crude gained 1.21% on Wednesday to $67.69 per barrel by 09:10 GMT. Prices held in a daily range between $67.97 and $66.99 a barrel. The contract […]
Read moreDecember 3, 2014 9:06 am
Gold hovered near the $1 200 mark on Wednesday as a slight rebound in oil prices provided some support. However, upside momentum was limited by a firmer dollar, which rose to the highest since 2009 against a basket of major trading peers. Silver, platinum and palladium also gained. Comex gold for delivery in February rose […]
Read moreDecember 2, 2014 1:10 pm
Gold fell back below the $1 200 mark on Tuesday as the US dollar regained ground and hovered near the highest level in four and a half years, while oil prices dropped. Copper reversed overnight gains amid fears of weaker demand in China and downbeat economic data from Europe. Silver, platinum and palladium also declined. […]
Read moreDecember 2, 2014 10:01 am
Natural gas extended its losing streak to a fourth session amid forecasts for milder weather over most of the US. Natural gas for delivery in January lost 0.62% to $3.982 per million British thermal units by 9:37 GMT. Prices held in a daily range between $4.026 and $3.973. The energy source settled 1.89% lower on […]
Read moreDecember 2, 2014 8:25 am
Brent and West Texas Intermediate fell on Tuesday, losing a piece of the gained ground on Monday as investors entertained the idea of OPECs commitment to let the oil market balance itself. January US crude fell by 0.49% on Tuesday to $68.66 per barrel by 07:53 GMT. Prices held in a daily range between $69.32 […]
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