August 13, 2014 2:47 pm
WTI and Brent futures turned downwards after the US reported an increase in domestic oil inventories, signaling lower demand and growing supply. The drop came as prices were already quite low, despite tense conflicts in Ukraine and Iraq. WTI for delivery in September traded at $97.05 per barrel at 14:43 GMT on the New York […]
Read moreAugust 13, 2014 1:12 pm
Gold and silver prices were higher during midday trade in Europe today, after disappointing US retail sales pressured the dollar lower, while conflicts in the Middle East and Ukraine remain on focus. Meanwhile, copper futures were lower, as below-par Chinese figures concerned investors. Gold futures for delivery in September on the Comex in New York […]
Read moreAugust 13, 2014 12:23 pm
Grain futures were trading in the black midday in Europe today, after mixed results yesterday. Wheat and beans logged sizable losses on Tuesday, in light of the US Department of Agricultures monthly global crop outlook, which projected record yields. Corn was also estimated to log a record harvest, but dropped as traders had expected an […]
Read moreAugust 13, 2014 9:43 am
Natural gas prices were again below the psychological barrier of $4, after failing to close above the threshold in the previous two sessions. Cooler temperatures over much of the US were enough to keep pressure on prices ahead of the EIA report on storage levels tomorrow. Natural gas for delivery in September traded at $3.948 […]
Read moreAugust 13, 2014 8:28 am
Gold prices were lower during early trade in Europe today, as investors turn to economic data from the EU and US to gauge any change of mood. Conflicts in Iraq and Ukraine remained in focus, with tensions growing and spurring haven bids. Gold futures for delivery in September on the Comex in New York traded […]
Read moreAugust 13, 2014 7:30 am
WTI and Brent prices continued downwards during early trade in Europe today, reaching new nine-month lows. Traders shrugged off risks over Iraq and Ukraine, as the International Energy Agency said the conflicts had not affected supplies, and the global market is facing a glut. WTI for delivery in September traded at $97.17 per barrel at […]
Read moreAugust 12, 2014 2:29 pm
WTI and Brent prices dropped midday in Europe today, as investors eyed conflicts in Iraq and Ukraine, ahead of weekly US oil inventories reports. Meanwhile, natural gas futures climbed, as investors picked up on calls for warmer days in the US later this week. WTI futures for delivery in September traded at $97.35 per barrel […]
Read moreAugust 12, 2014 1:19 pm
Gold prices were higher during midday trade in Europe today, as traders weighed economic data with risks over Iraq and Ukraine. Meanwhile, copper futures were steady ahead of key Chinese economic figures. Gold futures for delivery in December traded at $1 315.8 per troy ounce at 13:17 GMT on the Comex in New York today, […]
Read moreAugust 12, 2014 12:14 pm
Grains prices were in the negative midday in Europe today, as traders await the crucial monthly global crop outlook report by the US Department of Agriculture. Yesterday the Department released its reading on domestic crop progress report, to pressure wheat and beans lower, while corn was boosted. Weather patterns called for a favorable trend for […]
Read moreAugust 12, 2014 10:00 am
Natural gas prices steadied below $4 during early trade in Europe today, as weather models project another overall cooler-than-normal week for the US. Investors eye Thursdays natgas storage report, with forecasts of another sizable build. Natural gas for September traded at $3.981 per million British thermal units (mBtu) at 9:40 GMT on the NYMEX, up […]
Read more