January 22, 2015 12:17 pm
Natural gas fell on Thursday, paring overnight gains, as weather forecasts continued to call for warmer-than-usual weather across most of the US this week and the next. However, losses were capped as investors eyed todays EIA storage data, broadly expected to show a larger-than-average inventory decline last week. Natural gas for delivery in February traded […]
Read moreJanuary 22, 2015 10:06 am
Both West Texas Intermediate and Brent crude fell on Thursday amid an outlook for a stronger dollar and as projections for another weekly jump in US crude oil inventories exacerbated concerns of a global supply overhang. On the New York Mercantile Exchange, WTI for delivery in March fell 0.80% to $47.40 per barrel by 9:42 […]
Read moreJanuary 22, 2015 8:55 am
Gold slid on Thursday to trade below a five-month high amid stronger Asian equities and ahead of the European Central Banks announcement on a stimulus program. Comex gold for delivery in February fell 0.63% to $1 285.6 per troy ounce by 08:34 GMT, shifting in a daily range of $1 283.3 – $1 293.9. The […]
Read moreJanuary 21, 2015 11:07 am
Gold edged up on Wednesday to trade near $1 300 an once as worries about global growth and the possible launch of a quantitative easing program by the ECB prompted investors to seek the safety of the metal. Silver rose as well, while platinum and palladium were little changed. Copper fell on demand worries, albeit […]
Read moreJanuary 21, 2015 10:05 am
Natural gas rose on Wednesday, trimming a sizable weekly decline, before data by the EIA shows on Thursday that US natural gas inventories probably fell more than the average last week. However, forecasts for seasonal weather and expectations for thinner stockpile withdrawals to follow held gains in check. Natural gas for delivery in February gained […]
Read moreJanuary 21, 2015 8:59 am
West Texas Intermediate and Brent crude rose on Wednesday after registering hefty losses the prior session as the market seemed to be drawing support at the current low levels and as BHP Billiton said it will reduce the number of active drill rigs in the US. Upside movement, however, was capped by expectations for another […]
Read moreJanuary 21, 2015 8:21 am
Gold edged up on Wednesday to trade near $1 300 an once as worries about global growth and the possible launch of a stimulus program from the ECB prompted investors to seek the safety of the metal. Comex gold for delivery in February climbed 0.23% to $1 297.2 per troy ounce by 08:02 GMT, shifting […]
Read moreJanuary 20, 2015 11:11 am
Gold touched the highest in almost five months on safe-haven bids days before the probable launch of the European Central Bank’s quantitative easing program. Silver, platinum and palladium also rose. Copper slid as Chinas economy expanded in 2014 at the slowest pace in 24 years. Comex gold for delivery in February was up 1.19% at […]
Read moreJanuary 20, 2015 10:18 am
Natural gas fell for a third day on Tuesday as forecasts called for mostly warmer-than-usual weather across the US this week, with no threats for significantly colder conditions for the following seven days. On the New York Mercantile Exchange, natural gas futures for delivery in February were down 4.41% at $2.989 per million British thermal […]
Read moreJanuary 20, 2015 9:12 am
West Texas Intermediate and Brent crude fell for a second day on Tuesday as Chinas economy expanded at the slowest pace since 1990 and the IMF cut its global growth outlook for this year and the next, fanning concerns that downbeat economic activity will fail to soak rising oil supplies. US crude for delivery in […]
Read more