November 27, 2014 8:53 am
Natural gas fell slightly in quiet holiday trading on Thursday and extended its weekly decline as market players looked past a huge inventory withdrawal, with weather models pointing to a mild start to December. Natural gas for delivery in January fell by $0.004 to $4.351 per million British thermal units by 8:35 GMT on Thursday, […]
Read moreNovember 26, 2014 4:05 pm
West Texas Intermediate fell on Wednesday as the Energy Information Administration reported a larger-than-expected jump in US crude oil inventories in the week ended November 21st, while domestic crude production surged to a new record. Brent fell as well. January US crude fell 0.63% to $73.62 per barrel by 15:42 GMT. Prices held in a […]
Read moreNovember 26, 2014 1:20 pm
Gold traded in a tight range on Wednesday as investors abstained from entering big positions ahead of the Thanksgiving Day holiday, while weighing global stimulus against prospects of monetary tightening in the US. Copper slid for a third day amid fears of falling global demand. Comex gold for delivery in February was down 0.04% at […]
Read moreNovember 26, 2014 11:30 am
Natural gas fell slightly after a one-day gain amid mixed weather forecasts predicting a colder Thanksgiving period, but also an overall mild start to December. Investors eyed Wednesdays EIA natural gas stockpiles report. Natural gas for delivery in January lost 0.45% to $4.383 per million British thermal units by 11:14 GMT. Prices held in a […]
Read moreNovember 26, 2014 8:59 am
Both West Texas Intermediate and Brent crude fell slightly on Wednesday as OPEC members failed to commit to oil production cuts one day before the groups scheduled meeting. January US crude fell 0.35% on Wednesday to $73.83 per barrel by 08:38 GMT. Prices held in a daily range between $74.24 and $73.64 a barrel, the […]
Read moreNovember 26, 2014 8:24 am
Gold hovered near the $1 200 mark on Wednesday as investors weighed global stimulus expansion versus prospects of tightening monetary policy in the US, eyeing a strong US dollar and the outcome of a Swiss referendum on central bank gold holdings. Comex gold for delivery in February was up 0.14% at $1 199.5 per troy […]
Read moreNovember 25, 2014 10:03 am
Natural gas swung between gains and losses as forecasting agencies predicted a mild start to December, followed by the return of colder-than-usual weather. Investors also eyed this weeks EIA inventory report, projected to show a triple-digit withdrawal. Natural gas for delivery in December gained 0.37% to $4.320 per million British thermal units by 9:37 GMT. […]
Read moreNovember 25, 2014 8:58 am
Both West Texas Intermediate and Brent were little changed on Tuesday amid OPEC disagreements on production cuts and speculations of a possible countries exemption from the reductions. January US crude was unchanged for the day at $75.78 per barrel at 08:42 GMT. Prices held in a daily range of $75.95-$75.47 a barrel. The contract lost […]
Read moreNovember 25, 2014 8:33 am
Gold traded near the $1 200 level, holding close to Fridays three-week high, as investors weighed global stimulus measures against the prospects of rising interest rates in the US. Investors eyed upcoming US GDP data, as well as the outcome of a Swiss referendum on central bank gold policy for more trading cues. Comex gold […]
Read moreNovember 24, 2014 1:58 pm
Gold swung between gains and losses on Monday, pressured by a strong dollar, but remained not far off from Fridays three week high as the Peoples Bank of China decreased interest rates in a bid to boost the cooling Chinese economy. Copper rose following the rate cut but gains were capped by fears the measure […]
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