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Natural gas trading outlook: futures ease on mild weather

March 11, 2015 10:07 am
Natural gas fell on Wednesday as most of the US continued to enjoy seasonal and slightly warmer temperatures. Gains were limited, however, ahead of Thursdays expectedly above-average inventory decline and as extended forecasts showed a return of cooler temperatures to the north-eastern US next week. Natural gas for delivery in April traded 0.77% lower at […] Read more

Natural gas trading outlook: futures inch up after hefty drop

March 10, 2015 10:01 am
Natural gas traded slightly higher on Tuesday but failed to regain much from heavy overnight losses as forecasts for a cold weather system across the North later this week turned less bullish. Natural gas for delivery in April rose 0.71% to $2.697 per million British thermal units by 9:41 GMT, shifting in a daily range […] Read more

Crude oil trading outlook: futures slide on strong dollar, China CPI supports

March 10, 2015 8:53 am
West Texas Intermediate and Brent crude fell on Tuesday as a firmer dollar offset better-than-expected consumer inflation data from China, while analysts awaited this weeks US inventory data, expected to show a rise to new records. US crude for delivery in April traded 0.48% lower at $49.76 per barrel at 8:30 GMT, shifting in a […] Read more

Natural gas trading outlook: futures drop on US thaw

March 9, 2015 9:57 am
Natural gas plunged on Monday as warm temperatures across the US continued to gain ground, significantly easing heating demand. Natural gas for delivery in April traded 3.59% lower at $2.737 per million British thermal units at 9:33 GMT, shifting in a daily range of $2.778-$2.727. The contract fell 0.07% on Friday to settle the week […] Read more

Crude oil trading outlook: Brent futures extend drop on firm dollar

March 9, 2015 8:47 am
West Texas Intermediate marked a slight increase, while Brent extended losses into a fourth session as the US dollar hovered near the highest level in more than 11 years against a basket of major trading peers and Goldman Sachs predicted a reverse in oils recent gains. US crude for delivery in April traded 0.20% higher […] Read more

Gold trading outlook: futures hover near 3-month lows

March 9, 2015 8:22 am
Gold edged up on Monday following a week of declines which ended with the metals biggest daily drop since December 2013 after robust U.S. economic data bolstered expectations of a sooner interest rate hike. Comex gold for delivery in April was up 0.62% at $1 171.5 per troy ounce at 7:53 GMT, shifting in a […] Read more

Natural gas futures weekly recap: March 2 – March 6

March 8, 2015 2:57 pm
Natural gas was little changed on Friday and registered a third weekly jump in four after data by the EIA showed an expansion in US inventory deficits last week. Natural gas for delivery in April fell 0.07% on Friday to settle the week 3.8% higher at $2.839 per million British thermal units. The contract swung […] Read more