October 2, 2014 7:32 am
WTI and Brent futures slid further into the red during morning trade in Europe today, widening losses amid worries on steady Saudi output outlooks. A bullish EIA report was not enough to keep crude in the black Wednesday, with supply worries erasing more than 2% off crude late in the session. WTI futures for November […]
Read moreOctober 1, 2014 2:54 pm
WTI futures extended gains this session, after the US reported a sizable draw across all oil products last week, boosting supply-demand outlooks for the worlds top oil-consuming economy. WTI futures for November delivery on the New York Mercantile Exchange traded at $92.22 per barrel at 14:52 GMT today, up 1.16% for the day. Prices had […]
Read moreOctober 1, 2014 1:20 pm
WTI and Brent futures were still on the upside during midday trade in Europe today, after the shock slump late Tuesday, as investors eye EIAs weekly oil report. Meanwhile, natural gas futures also rose after the moderate losses on Tuesday. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.99 per […]
Read moreOctober 1, 2014 12:30 pm
Gold futures remained in the red during midday trade in Europe today, but still above the key $1 200 resistance level, as investors eye more data later this week. Meanwhile, copper futures were upbeat, supported by slightly better-than-expected data from China. Gold futures for December delivery on the Comex in New York traded at $1 […]
Read moreOctober 1, 2014 10:28 am
Natural gas futures climbed during early trade in Europe today, paring some of Tuesdays moderate losses. Traders have priced in a moderately bullish cool Canadian system, due to impact US temps this week, and now look to US natgas inventories for further direction. Front-month natural gas futures for settlement in November on the New York […]
Read moreOctober 1, 2014 9:16 am
Gold futures dropped during early trade in Europe today, hovering near a ten-month low, as investors looked to key US data and an upcoming ECB meeting to further reinforce dollars strength. The whole precious metals complex was weighed on for sizable quarterly losses by the strong greenback. Gold futures for December delivery on the Comex […]
Read moreOctober 1, 2014 8:04 am
WTI and Brent futures turned to the upside with modest support from China this morning in Europe, after logging the worst session in almost about a year on Tuesday, with both benchmarks sliding deep in the red. Investors eye more economic and supply data for further direction. WTI futures for November delivery on the New […]
Read moreSeptember 30, 2014 2:15 pm
Gold and silver futures were again on the losing side during midday trade in Europe today, as a disappointing gauge on US consumer sentiment failed to pare the dollars recent rally. Meanwhile, copper futures were also in the red, as investors priced in a below-par China factory reading. Gold futures for December delivery on the […]
Read moreSeptember 30, 2014 1:23 pm
WTI and Brent futures edge higher as investors eye upcoming data on US oil supplies. Meanwhile, natural gas futures also turned upwards, extending the recent rally as traders look to a cold weather system over the US to spur heating. WTI futures for November delivery on the New York Mercantile Exchange traded at $94.75 per […]
Read moreSeptember 30, 2014 12:56 pm
Corn, soybeans and wheat futures were all on the downside during midday trade in Europe today, reversing some of the sizable gains from Monday. Investors eye USDAs grains stocks report, due later today, as US farmers are on track to collect the biggest soybeans and corn harvests on record. Weather patterns project overall favorable conditions […]
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