January 9, 2015 9:20 am
Natural gas edged up for a second session on Friday after the Energy Information Administration reported a US storage withdrawal slightly above analysts’ forecasts. Natural gas for delivery in February traded 1.91% higher at $2.983 per million British thermal units at 8:57 GMT, having shifted in a daily range of $2.990-$2.954. The energy source rose […]
Read moreJanuary 9, 2015 9:03 am
West Texas Intermediate and Brent crude were on track to post a seventh weekly decline as OPEC members showed no signs of curbing production, while another set of poor economic data from China fanned negative sentiment for demand from the worlds top energy consumer. Support was drawn by signs of US economic strength and amid […]
Read moreJanuary 9, 2015 8:17 am
Gold edged up on Friday to end two days of losses ahead of the US December employment report, heading to its first weekly increase in a month after it was boosted by Greek political turmoil and strong Chinese demand. Comex gold for delivery in February climbed 0.22% to $1 211.1 per troy ounce by 07:58 […]
Read moreJanuary 8, 2015 3:55 pm
Natural gas jumped to session high after the Energy Information Administration reported a US storage withdrawal slightly above analysts forecasts. However, gains were capped by extended weather forecasts calling for warmer weather across most of the US. Natural gas for delivery in February traded 1.22% higher at $2.906 per million British thermal units at 15:38 […]
Read moreJanuary 8, 2015 1:39 pm
Gold extended overnight losses on Thursday as a rebound in equities and stronger US economic data curbed the precious metal’s appeal as a hedge. Copper advanced as steady oil prices eased investors jitters and signs of US economic strength boosted demand prospects. Comex gold for delivery in February dropped 0.17% to $1 208.7 per troy […]
Read moreJanuary 8, 2015 9:46 am
Natural gas fell for a third time this week as forecasting agencies projected warmer temperatures over the majority of the US later this month. Natural gas for delivery in February traded 1.15% lower at $2.838 per million British thermal units at 9:17 GMT, having shifted in a daily range of $2.897-$2.816. The energy source lost […]
Read moreJanuary 8, 2015 9:27 am
Gold extended overnight losses on Thursday as a rebound in oil and equity prices, combined with stronger US economic data curbed the precious metals appeal as a hedge. Comex gold for delivery in February dropped 0.17% to $1 208.7 per troy ounce by 09:14 GMT, having shifted in a daily range of $1 214.4 and […]
Read moreJanuary 8, 2015 8:40 am
West Texas Intermediate and Brent crude were little changed on Thursday after snapping four days of losses yesterday as US crude oil stockpiles slid more than expected and the US economy showed further signs of robust recovery. US crude for delivery in February traded 0.21% higher at $48.75 per barrel on the New York Mercantile […]
Read moreJanuary 7, 2015 4:05 pm
West Texas Intermediate and Brent crude pared gains accumulated during the day after the Energy Information Administration reported hefty gains in petroleum products inventories and a rise in US crude output, offsetting a drop in crude stockpiles. US crude for delivery in February traded 0.63% higher at $48.23 per barrel at 15:46 GMT, having shifted […]
Read moreJanuary 7, 2015 12:37 pm
Gold fell on Wednesday, ending three days of gains, as the dollar and equity markets advanced, but held ground near a three-week high on persisting uncertainty over Greeces future in the Eurozone. Silver, platinum and palladium declined as well. Copper hovered near the lowest in more than four years as tumbling oil prices hit broader […]
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