March 16, 2015 8:10 am
Gold rose on Monday but remained pressured by mounting speculations that the Federal Reserve would indicate a sooner increase in interest rates during its upcoming meeting. Comex gold for delivery in April was up 0.79% at $1 161.5 per troy ounce at 7:54 GMT, shifting in a daily range of $1 163.3 – $1 152.7. […]
Read moreMarch 15, 2015 11:48 am
West Texas Intermediate and Brent crude fell sharply on Friday, posting hefty weekly drops, as the US dollar continued its march towards parity with the euro, while a warning by the IEA that the global supply overhang is growing offset a fresh drop in US oil rig count. US crude for delivery in April, which […]
Read moreMarch 14, 2015 10:23 am
Natural gas settled the week lower as streaming weather data continued to show seasonal readings across the majority of the US throughout next week, keeping heating demand much lower compared to recent weeks as we near the end of the withdrawal season. Natural gas for delivery in April slid 0.26% on Friday to settle the […]
Read moreMarch 13, 2015 10:01 am
Natural gas fell on Friday and was on track for a sizable weekly decline as near-seasonal and warmer conditions continued to cover the majority of the US, while the Energy Information Administrations weekly supply report showed on Thursday a withdrawal in line with expectations. Natural gas for delivery in April traded 1.57% lower at $2.691 […]
Read moreMarch 13, 2015 8:51 am
West Texas Intermediate and Brent crude were little changed on Friday as investors eyed a tentative deal between the United Steelworkers union and Royal Dutch Shell that may end the biggest strike by US refinery workers in 35 years, while a firm dollar capped gains. US crude for delivery in April traded 0.26% higher at […]
Read moreMarch 13, 2015 7:59 am
Gold gained on Friday to trim losses from previous sessions as the robust dollar took a breather, but the metal is headed for a yet another weekly loss as traders continue to expect a sooner increase in U.S. interest rates. Comex gold for delivery in April was up 0.57% at $1 158.5 per troy ounce […]
Read moreMarch 12, 2015 3:00 pm
Natural gas slipped back into negative daily territory on Thursday after data by the Energy Information Administration showed US natural gas stockpiles fell last week largely in line with expectations. Seasonal weather across the majority of the country continued to weigh on the market. Natural gas for delivery in April traded 0.11% lower at $2.821 […]
Read moreMarch 12, 2015 10:21 am
Natural gas ended two days of gains on Thursday as most of the US continued to experience seasonal or slightly warmer weather, while investors eyed todays stockpiles report by the Energy Information Administration. Natural gas for delivery in April traded 1.20% lower at $2.790 per million British thermal units at 9:57 GMT, shifting in a […]
Read moreMarch 12, 2015 8:57 am
West Texas Intermediate and Brent crude rose on short covering ahead of the April contracts expiry next week, but a strong dollar and continuously rising US crude inventories capped upside momentum. US crude for delivery in April traded 0.89% higher at $48.60 per barrel at 8:22 GMT, shifting in a daily range of $48.65-$48.03. The […]
Read moreMarch 12, 2015 8:32 am
Gold climbed up for the first time in nine sessions on Thursday to trade above a fresh three-month low as a robust dollar and increasing speculations about a sooner boost of U.S. interest rates dented demand for the precious metal. Comex gold for delivery in April was up 1.02% at $1 162.3 per troy ounce […]
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