September 10, 2014 2:57 pm
WTI futures slid after the US Energy Information Administration (EIA), reported unexpected and sizable builds for gasoline and distillates inventories, while crude stocks were drawn largely as expected. WTI futures for October delivery on the New York Mercantile Exchange traded at $91.51 per barrel at 14:53 GMT today, down 1.34% for the day. Prices ranged […]
Read moreSeptember 10, 2014 1:41 pm
WTI and Brent futures were still pressured during midday trade in Europe today, an hour ahead of the official EIA report on US oil inventories. Meanwhile, natural gas futures were also lower, correcting some of the massive rally of the past two days. WTI futures for October delivery on the New York Mercantile Exchange traded […]
Read moreSeptember 10, 2014 1:22 pm
Gold and silver futures were little changed during midday trade in Europe today, as investors keep away from big moves ahead of the Feds meeting next week. Meanwhile, copper futures were steady ahead of key figures on top consumer China. Gold futures for December delivery on the Comex in New York traded at $1 250.1 […]
Read moreSeptember 10, 2014 10:00 am
Natural gas futures failed to maintain above $4 yesterday, though the blue fuel logged an impressive 5% rally since Monday. Investors eye how a cool Canadian weather system plays out in the US, as massive natgas inventory builds are back on the agenda. Front-month natural gas futures for settlement in October on the New York […]
Read moreSeptember 10, 2014 8:34 am
Gold futures were steady above $1 250 per troy ounce during early trade in Europe today, after closing below the key level for the fist time in more than three months on Tuesday. Investors eye next weeks Fed meeting, set to decide on monetary policy, with outlooks of a rate hike on the table, supporting […]
Read moreSeptember 10, 2014 7:22 am
WTI and Brent futures were lower during early trade in Europe today, as investors eye the upcoming official report on US oil inventories. Also on the radar is the OPEC meeting on Thursday, which could produce headlines, as the organization could move to support prices in light of recent slump. WTI futures for October delivery […]
Read moreSeptember 9, 2014 2:06 pm
WTI futures climbed during midday trade in Europe today, while Brent was lower, as investors eye upcoming reports on US inventories. Meanwhile, natural gas futures soared as a cool Canadian weather system was seen spurring early heating demand. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.19 per barrel at […]
Read moreSeptember 9, 2014 1:26 pm
Gold futures were little changed during midday trade in Europe today, as traders hold back big moves ahead of the Feds meeting next week. Meanwhile, copper futures dropped as the strong dollar weighed. Gold futures for December delivery on the Comex in New York traded at $1 254.7 per troy ounce, up 0.03%, at 13:25 […]
Read moreSeptember 9, 2014 9:36 am
Natural gas futures dropped during early trade in Europe today, after rallying some 2% on Monday with an ominous Canadian weather system set to push deep into the US later this week. The blue fuel lost ~7% last week, as summer heat wanes and the market enters Fall shoulder season. Front-month natural gas futures for […]
Read moreSeptember 9, 2014 8:49 am
Corn, soybeans and wheat futures hovered near four-year lows during early trade in Europe today, after sliding on Monday, as investors prepare for increased harvest forecasts in the US. Weather patterns project possible frosting in the northern Midwest and the North Plains later this week, threatening immature corn and soybeans crops. Plenty rains, however, will […]
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