August 9, 2014 8:26 am
WTI and Brent prices were quite stabel this week, trading within a narrow range. Flares in Ukraine, Iraq and Gaza stoked some risk-off mentality, while a seasonal drop for US inventories also failed to lift prices significantly higher. WTI futures for September delivery on the NYMEX closed the week at $97.54 per barrel, down 0.2% […]
Read moreAugust 8, 2014 12:32 pm
WTI and Brent prices were still higher during midday trade in Europe today, as tensions around the globe fomented investors risk-off mentality. Meanwhile, natural gas futures were higher, as traders expect some rise in US temperatures, lifting cooling demand. WTI futures for settlement in September on the NYMEX traded at $97.53 per barrel at 8:02 […]
Read moreAugust 8, 2014 12:08 pm
Gold and silver prices were higher during midday trade in Europe, as geopolitical tensions around the globe stokes safe haven demand. Israel, Ukraine and Iraq were all in focus, as traders hedged against risks for the weekend. Meanwhile, copper futures were steady as China reported a drop in imported metal. Gold futures for delivery in […]
Read moreAugust 8, 2014 9:30 am
Natural gas prices were set for a sizable weekly gain, as traders price in an expected slight increase for US temps, which is set to spur more cooling demand. The US government posted official natgas storage levels yesterday, revealing another massive injection. Natural gas futures for delivery in September traded at $3.897 per million British […]
Read moreAugust 8, 2014 8:37 am
Gold prices rose during early trade in Europe today, after US President Obama said he had authorized airstrikes on Islamist militants in Iraq, spurring safe haven bids. Tensions between the West and Russia over Ukraine were also in focus, with growing suspicions of a Russian invasion. Gold futures for delivery in December were up 0.51% […]
Read moreAugust 8, 2014 7:38 am
WTI and Brent prices soared during early trade in Europe today, after the US announced it would conduct airstrikes on militants in Iraq. Meanwhile, Moscow introduced its own sanctions on Western trade, amid growing suspicions of an imminent Russian invasion in Ukraine. WTI futures for settlement in September on the NYMEX traded at $98.12 per […]
Read moreAugust 7, 2014 2:39 pm
WTI and Brent prices rose during midday trade in Europe today, as investors weighed US oil inventories and developments over the crisis in Ukraine. Meanwhile, natural gas futures were higher as the US posted weekly natgas storage readings. WTI for September delivery traded at $97.08 per barrel at 14:19 GMT on the NYMEX today, up […]
Read moreAugust 7, 2014 1:27 pm
Gold and silver prices were lower during midday trade in Europe today. The ECB kept rates unchanged, while ECB President Draghi said the bank had no plans to act dramatically in the immediate future. Meanwhile, copper futures were higher ahead of Chinese trade data. Gold futures for December delivery trade at $1 306.2 per troy […]
Read moreAugust 7, 2014 10:25 am
Natural gas prices were steadily orbiting Wednesdays close during early trade in Europe today. Investors await the key report on US natgas storage levels, which usually prompts a surge in traded volumes. Natural gas futures for September on the NYMEX were up 0.05% to trade at $3.935 per million British thermal units (mBtu) at 10:28 […]
Read moreAugust 7, 2014 9:03 am
Gold prices were grinding lower during early trade in Europe today, as investors await ECB decisions on rates later today. Safe haven bids stemming from growing worries over the crisis in Ukraine boosted gold prices for the biggest daily rally in almost a month on Wednesday. Gold futures for December delivery trade at $1 305.3 […]
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