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Natural gas trading outlook: futures slide on warmer weather

March 30, 2015 8:59 am
Natural gas fell for a fourth consecutive session as forecasting agencies project warmer weather ahead. Natural gas for delivery in May slid 0.61% on Friday to $2.623 per mBtu. The contract dropped 1.82% on Friday and settled at $2.639, having previously fallen to $2.616, its lowest since last October. According to NatGasWeather.com, natural gas demand […] Read more

Gold trading outlook: futures drop on Yellen comments

March 30, 2015 7:30 am
Gold dropped for a second session on Monday after Federal Reserve Chair Janet Yellen signalled that the U.S. central bank is likely to lift interest rates later this year. Comex gold for delivery in April was down 0.59% at $1 192.7 per troy ounce at 6:51 GMT, shifting in a daily range of $1 198.5 […] Read more

Crude oil futures weekly recap: March 23 – March 27

March 29, 2015 9:06 am
West Texas Intermediate and Brent crude tumbled on Friday, paring hefty overnight gains, as investors downplayed Mideast supply disruption concerns while also fearing a possible nuclear deal between Iran and major powers. US crude for delivery in May fell 5% on Friday to $48.87, paring its weekly advance to 4.9%. Prices held in a weekly […] Read more

Natural gas futures weekly recap: March 23 – March 27

March 28, 2015 8:36 am
Natural gas fell on Friday to register a sizeable weekly loss after EIA data showed a day earlier a larger-than-expected inventory build, also the first for the season, while most of the US continued to enjoy mild weather. Natural gas for delivery in May slid 1.8% on Friday to settle the week nearly 6% lower […] Read more

Natural gas trading outlook: futures head for weekly drop on mild weather

March 27, 2015 9:59 am
Natural gas fell on Thursday after the EIA reported a larger-than-expected inventory build and extended losses to a third day on Friday as most of the US remained engulfed by seasonal or warmer weather. Natural gas for delivery in May traded 1.15% lower at $2.657 per million British thermal units at 9:36 GMT, shifting in […] Read more

Crude oil trading outlook: futures pare weekly gains as supply fears ease

March 27, 2015 8:35 am
West Texas Intermediate and Brent crude trimmed hefty overnight gains as concerns eased that Saudi-led attacks on Yemeni rebels would cripple Mideast crude supplies. Investors eyed US GDP data to gauge the recovery state of the worlds biggest economy. US crude for delivery in May traded 1.71% lower at $50.55 per barrel at 8:10 GMT, […] Read more

Gold trading outlook: futures poised for second weekly gain

March 27, 2015 8:15 am
Gold took a breather on Friday following seven days of gains after the Federal Reserve signaled caution about the recovery of the U.S. economy last week. Comex gold for delivery in April was down 0.40% at $1 200.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 205.6 and $1 199.3. […] Read more

Natural gas trading outlook: futures rise on cold blast, EIA data eyed

March 26, 2015 10:21 am
Natural gas gained on Thursday as a fresh cold blast infiltrated the north-central US, but gains were capped as the rest of the US continued to enjoy mild weather while government data later today will likely register the first inventory build for the season. Natural gas for delivery in May traded 0.62% higher at $2.757 […] Read more

Crude oil trading outlook: futures shoot up amid Mideast military action

March 26, 2015 8:59 am
West Texas Intermediate crude soared for a fifth day and Brent touched a near three-week high after Saudi Arabia and its Gulf Arab allies initiated a strike against Iran-supported Houthi rebels in Yemen, rekindling fears of a widespread conflict in the worlds largest oil-production region. US crude for delivery in May traded 4.80% higher at […] Read more

WTI futures pare daily gains as US crude inventories expand to new record

March 25, 2015 3:03 pm
West Texas Intermediate and Brent crude trimmed previous gains based on a weaker US dollar after the Energy Information Administration reported a larger-than-expected jump in US crude inventories that brought them to a new record. US crude for delivery in May traded 0.25% higher at $47.63 per barrel at 14:50 GMT, shifting in a daily […] Read more