October 14, 2014 11:58 am
Natural gas swung between gains and losses on Tuesday as forecasts calling for cooler-than-usual weather over the central and eastern US lent some support, but the lack of near-freeze temperatures kept gains in check. Natural gas futures for settlement in November was up 0.08% at $3.919 per million British thermal units by 11:34 GMT on […]
Read moreOctober 14, 2014 8:57 am
Gold retained overnight gains and hovered near Mondays four-week high after fears of a global economic slowdown sent Japanese stocks falling to the lowest in two months, stoking safe haven demand. Assets in the SPDR Gold Trust saw their first inflow in five weeks. Silver, platinum and palladium also rose. Comex gold futures for settlement […]
Read moreOctober 14, 2014 7:40 am
West Texas Intermediate extended its decline from the lowest settlement since end-2012 while Brent hovered near the lowest in almost four years ahead of possibly bearish US supply data that would sharpen a global supply gut. On the New York Mercantile Exchange, November US crude fell by 0.42% to $85.38 per barrel by 7:18 GMT, […]
Read moreOctober 13, 2014 2:41 pm
Both West Texas Intermediate and Brent crude benchmarks extended last week’s drop after Iraq followed Saudi Arabia and Iran into cutting its list prices to Asia to the lowest since January 2009. Speculators slashed their net-long positions on WTI by the most in five weeks. Better-than-expected trade data from China lent some support to oil […]
Read moreOctober 13, 2014 2:15 pm
Gold rose on Monday to the highest in nearly four weeks as worries over a slowing global economy spurred safe-haven demand for the precious metal. Platinum and palladium posted minor daily losses, while silver gained. Copper was mostly unchanged. Comex gold for settlement in December rose by 0.59% to $1 228.9 per troy ounce by […]
Read moreOctober 13, 2014 1:01 pm
Natural gas swung between gains and losses on Monday, hovering near Thursdays 1-month low, as weather forecasts called for some pockets of cool air across the US but the lack of freeze in the states of highest natural gas consumption kept bearish sentiment in control of the market. On the New York Mercantile Exchange, November […]
Read moreOctober 13, 2014 9:42 am
Gold rose on Monday to the highest in nearly four weeks as worries over global economic slowdown spurred safe-haven demand for the precious metal. Silver, platinum and palladium also jumped, extending last weeks advance. Comex gold for settlement in December rose by 0.54% to $1 228.3 per troy ounce by 9:22 GMT, having earlier touched […]
Read moreOctober 13, 2014 7:54 am
Both West Texas Intermediate and Brent crude benchmarks extended last weeks drop after Iraq followed Saudi Arabia and Iran into cutting its list prices to Asia to the lowest since January 2009. Speculators slashed their net-long positions on WTI by the most in five weeks. Better-than-expected trade data from China lent some support to oil […]
Read moreOctober 12, 2014 11:23 am
Natural gas rose for the first time in three days on Friday as weather forecasts called for cooler-than-usual weather in the eastern US, but nevertheless marked a sizable weekly loss as outlook remained overall bearish with mostly seasonal readings across the US. Natural gas futures for settlement in November rose by 0.36% on the New […]
Read moreOctober 10, 2014 1:54 pm
Natural gas rose on Friday but still headed for a sizable weekly decline as weather forecasting models showed no threat of prolonged periods of below-freezing readings. A triple-digit inventory injection reported by the EIA on Thursday also helped push the market down. On the New York Mercantile Exchange, natural gas futures for delivery in November […]
Read more