January 15, 2015 4:07 pm
Natural gas surged to session highs on Thursday after the Energy Information Administration reported an above-average inventory decline last week that also exceeded analysts expectations, while weather forecasts called for a cold end to January over the Midwest and Northeast. Natural gas for delivery in February gained $0.10 by 15:54 GMT to trade at $3.333 […]
Read moreJanuary 15, 2015 12:35 pm
Gold rose to the highest in four months on Thursday following an unexpected move by the Swiss National Bank to remove a cap for the franc against the euro. Traders remained cautious after recent drops in prices of commodities and concerns of sluggish global growth. Copper rebounded from a 5-1/2-year low but was set for […]
Read moreJanuary 15, 2015 9:58 am
Natural gas rose on Thursday, extending the biggest single-day advance since February, as weather forecasts called for a cold end to the month across the Midwest and Northeast, while the EIA will likely report today a larger-than-average inventory withdrawal last week. Mild temperatures across the remaining regions capped gains. Natural gas for delivery in February […]
Read moreJanuary 15, 2015 8:48 am
Gold fell on Thursday to trade below its highest level in twelve weeks as traders remained cautious amid plunging commodities prices and concerns of sluggish global growth. Comex gold for delivery in February dropped 0.53% to $1 228.0 per troy ounce by 08:26 GMT, shifting in a daily range of $1 232.5 – $1 226.1. […]
Read moreJanuary 15, 2015 8:30 am
West Texas Intermediate and Brent crude swung back to losses after sharp overnight gains as US crude output reached a new record and Iraq said it will boost exports within weeks, while banks continued to cut price estimates for the year. US crude for delivery in February fell 1.28% to $47.86 per barrel by 8:02 […]
Read moreJanuary 14, 2015 4:18 pm
West Texas Intermediate crude trimmed its hard-earned gains and Brent swing back to losses after the Energy Information Administration reported a jump in all major US inventory categories, while the nations crude production surged to a new record. US crude for delivery in February traded at $46.08 per barrel at 15:46 GMT, up 0.41% on […]
Read moreJanuary 14, 2015 10:58 am
Gold eased further from a 12-week high following a broad-based sell-off in commodity markets after the World Bank cut its global growth forecast. Platinum, palladium and silver fell as well. Copper hit the lowest in more than five years, trailing oils rout. Comex gold for delivery in February dropped 0.42% to $1 229.2 per troy […]
Read moreJanuary 14, 2015 10:12 am
Natural gas rose for a second day, drifting further away from a 2-year low, before a report by the Energy Information Administration likely shows an above-average weekly drop in US stockpiles last week. However, forecasts for mild weather across the US in the coming 10 days limited gains. On the New York Mercantile Exchange, natural […]
Read moreJanuary 14, 2015 8:45 am
West Texas Intermediate and Brent crude extended an eight weekly decline on Wednesday as the UAE and Kuwait predicted a supply overhang will persist to at least the second half of 2015, while the World Bank cut its global economic growth outlook for the year. US crude oil inventories were seen rising last week, exacerbating […]
Read moreJanuary 14, 2015 8:06 am
Gold slipped on Wednesday to trade close a 12-week high as a drop in commodities pressured the yellow metal, despite the threat of a US rate hike and weakness in global growth. Comex gold for delivery in February dropped 0.32% to $1 230.5 per troy ounce by 07:48 GMT, shifting in a daily range of […]
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