December 29, 2014 10:13 am
Natural gas gained for the first time in three sessions on speculations that colder weather will induce higher heating demand but gains were limited by expectations for another thin weekly inventory decline. On the New York Mercantile Exchange, natural gas for delivery in February jumped by 1.22% to $3.070 per million British thermal units by […]
Read moreDecember 29, 2014 8:43 am
West Texas Intermediate and Brent crude rose for the first time in three sessions after capping a fifth weekly decline as ongoing clashes between government forces and Islamist militias kept Libyan supply curbed. US crude for delivery in February traded 1.04% higher at $55.30 per barrel at 8:14 GMT, having shifted in a daily range […]
Read moreDecember 29, 2014 8:03 am
Gold was little changed on Monday, maintaining its overnight gains, amid expectations that the precious metal would fall due to a stronger dollar and weaker investor interest. Comex gold for delivery in February gained 0.03% to $1 195.6 per troy ounce by 07:36 GMT, having shifted in a daily range of $1 197.5 -$1 192.4 […]
Read moreDecember 28, 2014 10:56 am
West Texas Intermediate and Brent crude both fell on Friday, capping a fifth straight weekly decline, as a bearish EIA inventory report exacerbated global supply glut concerns. A strong dollar continued to weigh on the market but clashes in Libya provided some support. US crude for delivery in February slid 1.99% on Friday to settle […]
Read moreDecember 27, 2014 3:53 pm
Natural gas fell on Friday for a third session in four this week, registering a sizable weekly loss, as mild weather curbed heating demand and the Energy Information Administration reported another much thinner-than-average inventory decline. Natural gas for delivery in January slid 0.76% on Friday to settle the week 13.2% lower at $3.007 per million […]
Read moreDecember 26, 2014 8:51 am
Natural gas performed a slight rebound from a 27-month low on Friday amid weather forecasts pointing to a colder start to January but gains were capped by US inventories continuously narrowing down a deficit to the five-year average. On the New York Mercantile Exchange, natural gas for delivery in January traded 0.50% higher at $3.045 […]
Read moreDecember 25, 2014 11:47 am
Both West Texas Intermediate and Brent crude fell during Wednesdays shortened trading session as the Energy Information Administration reported that US crude oil inventories bulked up by the most in two months, exacerbating a global supply glut picture. US crude for delivery in February fell 2.24% yesterday to settle at $55.84 per barrel, having shifted […]
Read moreDecember 24, 2014 9:46 am
Both West Texas Intermediate and Brent crude retreated from the highest close in almost two weeks, dragged by a strong dollar and as major OPEC producers remained determined to defend their market share, with some showing readiness to boost output. Support was drawn by a continuously improving US economic outlook. US crude for delivery in […]
Read moreDecember 23, 2014 3:37 pm
Copper shifted between gains and losses on Tuesday despite US economic growth reaching the highest in more than a decade, dragged by a strong dollar and an unexpected drop in durable goods orders. Comex copper for delivery in March fell 0.37% to $2.8620 per pound by 15:22 GMT, having shifted in a daily range of […]
Read moreDecember 23, 2014 2:05 pm
Both West Texas Intermediate and Brent crude extended gains on Tuesday as better-than-expected third-quarter economic growth in the US fanned positive sentiment about oil demand in the worlds top consumer. Gains were capped as OPEC members reaffirmed their commitment not to cede market share. Natural gas advanced amid forecasts for a cold end to December. […]
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