November 7, 2014 9:00 am
Gold fell to a fresh 4-1/2 year low as the dollar rallied on optimistic economic expectations and the thought of Fed officials raising interests rate sooner as todays US jobs report could back up the strengthening economy. Comex gold for delivery in December traded at $1 144.0 per troy ounce at 8:38 GMT, up 0.12% […]
Read moreNovember 6, 2014 3:56 pm
Natural gas pared its weekly advance on Thursday after the Energy Information Administration reported a larger-than-expected build in US natural gas inventories in the week ended October 31st. However, the energy source remained on track to post a sizable weekly gain amid strong heating demand expectations in the Midwest and Northeast. On the New York […]
Read moreNovember 6, 2014 2:07 pm
Both West Texas Intermediate and Brent benchmark crudes fell on Thursday after rising on Wednesday as ample global supply offset some output concerns from the Middle East and overall upbeat inventory data from the US. A strong US dollar kept dragging on the market. December US crude fell 0.95% to $77.93 per barrel by 13:46 […]
Read moreNovember 6, 2014 10:14 am
Natural gas held around $4.2, not far off from a four-month high, amid strong heating demand expectations in the Midwest and Northeast due to arctic air flows from Canada. On the New York Mercantile Exchange, natural gas for delivery in December fell 0.10% to $4.190 per million British thermal units by 9:58 GMT. Prices ranged […]
Read moreNovember 6, 2014 9:00 am
Gold continued its downtrend for a seventh consecutive day, almost reaching its lowest since April 2010, as investors dumped the save-haven metal, the dollar held strong and assets in the SPDR Gold Trust fell. Comex gold for delivery in December traded at $1 144.4 per troy ounce at 8:42 GMT, down 0.11% on the day, […]
Read moreNovember 5, 2014 4:02 pm
Both West Texas Intermediate and Brent crude benchmarks gained ground on Wednesday after the Energy Information Administration reported a smaller-than-expected build in US crude inventories last week, while refined products dropped. US crude for settlement in December added 1.71% to trade at $78.51 per barrel at 15:42 GMT on the New York Mercantile Exchange. Prices […]
Read moreNovember 5, 2014 1:59 pm
Brent crude fell to the lowest in more than four years on Wednesday, while West Texas Intermediate hovered near the lowest in three years following the latest sign of a cooling Chinese economy. A strong dollar and expectations for a fifth straight weekly increase in US crude supplies also weighed on the market. US crude […]
Read moreNovember 5, 2014 10:21 am
Natural gas rose for a seventh day and pushed above $4.2 as strong heating demand is expected in the Midwest and Northeast due to arctic air flows from Canada. On the New York Mercantile Exchange, natural gas for delivery in December gained 2.03% to $4.213 per million British thermal units by 10:02 GMT. Prices ranged […]
Read moreNovember 5, 2014 9:36 am
Gold continued its downward trend for a sixth consecutive day, reaching the lowest in more than four years with no indication of stopping, as the US dollar strengthened further and assets in the SPDR Gold Trust slid. Comex gold for delivery in December traded at $1 147.5 per troy ounce at 9:18 GMT, down 1.73% […]
Read moreNovember 4, 2014 3:13 pm
Both West Texas Intermediate and Brent benchmark crudes fell to the lowest in three and four years, respectively, after Saudi Arabia cut its sales price to the United States. A stronger dollar and expectations for a yet another build in US crude oil inventories also weighed on the market. Natural gas rose for a sixth […]
Read more