November 18, 2014 2:16 pm
West Texas Intermediate and Brent crude fell for a second day as oil prices failed to find a stable floor before OPEC members convene next week to discuss the group’s production policy, while Iran met with world powers in Vienna for talks over the Islamic Republics nuclear program. Natural gas retreated after its biggest daily […]
Read moreNovember 18, 2014 1:23 pm
Gold held near the highest level since end-October as the US dollar fell against the euro amid improving economic sentiment in Europe and speculations the ECB might purchase assets, including gold, to battle low inflation. Copper declined on falling China housing prices. Silver, platinum and palladium rose. Comex gold for delivery in December rose 1.28% […]
Read moreNovember 18, 2014 10:38 am
Natural gas retreated after posting its biggest daily advance since February 19th as weather forecasts called for Arctic temperatures across major US consuming areas this week, with another cold pattern set to unfold in the beginning of December. Natural gas for delivery in December traded at $4.270 per million British thermal units at 10:16 GMT, […]
Read moreNovember 18, 2014 9:26 am
Gold rose to the highest in more than two weeks in early European trading on Tuesday as the US dollar fell against a basket of six major peers, but gains were set to see major resistance at the $1 200 psychological level. Silver, platinum and palladium also gained. Comex gold for delivery in December rose […]
Read moreNovember 18, 2014 8:18 am
West Texas Intermediate and Brent crude fell for a second day as oil prices failed to find a stable floor before OPEC members convene next week to discuss the groups production policy. Expectations for a drop in US crude supplies last week provided some support. January US crude fell 0.11% to $75.58 per barrel by […]
Read moreNovember 17, 2014 2:04 pm
Both West Texas Intermediate and Brent crude benchmarks fell on Monday amid fears of slowing global demand after Japan unexpectedly dipped into recession. Market players also eyed diplomatic developments within OPEC, although a production cut remained unlikely. Natural gas rose for a second day as forecasts called for cold weather across the central and eastern […]
Read moreNovember 17, 2014 1:23 pm
Gold held on to gains from the prior session after short covering sent the precious metal soaring through a key resistance level. A strong dollar, however, kept gains limited. Copper retreated from a two-week high amid concerns of softening global demand after the Japanese economy slipped into recession. Silver, platinum and palladium fell. Comex gold […]
Read moreNovember 17, 2014 11:00 am
Natural gas rose for a second day on Monday as forecasts called for cold weather across the central and eastern US over the next several days, implying high demand for the heating fuel. Market players looked past this weekends expected warm-up for signs of new cold blasts. Natural gas futures for settlement in December rose […]
Read moreNovember 17, 2014 9:47 am
Gold held on to gains from the prior session after short covering sent the precious metal soaring through a key resistance level. However, upside movement remained checked by an overall strong dollar and as assets in the SPDR Gold Trust remained at the lowest in more than six years. Silver, platinum and palladium fell. Comex […]
Read moreNovember 17, 2014 8:38 am
Crude oil futures slid on Monday as Japan unexpectedly entered recession, dealing a yet another heavy blow to global oil demand outlook. Market players eyed diplomacy developments within OPEC but a production cut remained unlikely. On the New York Mercantile Exchange, WTI crude for delivery in January slid 1.25% to $74.87 per barrel by 8:17 […]
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