August 7, 2014 7:57 am
WTI and Brent prices were lower during early trade in Europe today. Both crude and products inventories in the US were shown to have been drawn last week, a report revealed on Wednesday, though the news failed to lift prices, as supplies are still seen as ample. WTI for September delivery traded at $96.72 per […]
Read moreAugust 6, 2014 2:46 pm
WTI and Brent prices were higher during midday trade in Europe today, as the US posted weekly readings on oil inventories. Meanwhile, natural gas prices were also on the upside, as traders weigh projections for natgas stocks build, due to be reported tomorrow. WTI futures for September delivery on the NYMEX traded at $97.95 per […]
Read moreAugust 6, 2014 1:16 pm
Gold and silver prices soared during midday trade in Europe today, as tensions over the crisis in Ukraine outweighed a strengthening dollar. Meanwhile, copper futures were lower, as traders priced in the rising dollar and concerning China data. Gold futures for December delivery traded at $1 307.9 per troy ounce at 13:17 GMT on the […]
Read moreAugust 6, 2014 9:58 am
Natural gas prices were higher during early trade in Europe today. The blue fuel recorded an impressive rally this week, as weather patterns call for rising temperatures over top-consumer US in the coming days. Natural gas futures for delivery in September traded at $3.902 per million British thermal units (mBtu) at 9:54 GMT on the […]
Read moreAugust 6, 2014 8:46 am
Gold prices rose during early trade in Europe today, as remarks of a possible Russian invasion of Ukraine stoked safe haven demand. Meanwhile, the US dollar is hovering at a one-year peak, in light of improving readings for the worlds top economy. Gold futures for December delivery traded at $1 291.7 per troy ounce at […]
Read moreAugust 6, 2014 7:13 am
WTI and Brent prices rose during early trade in Europe today, supported by bullish readings on US oil inventories in an industry report from late Tuesday. Traders await the official government data later today, and analysts expect to see relatively bearish figures. WTI futures for September delivery on the NYMEX traded at $97.50 per barrel […]
Read moreAugust 5, 2014 2:11 pm
Gold futures were slightly lower during midday trade in Europe today, while silver slumped, after the US services sector was reported to be gaining pace. Meanwhile, copper futures fell, after Chinas services were seen as weakening. Gold futures for December settlement traded for $1 286.8 per troy ounce at 14:09 GMT on the COMEX in […]
Read moreAugust 5, 2014 12:53 pm
WTI and Brent futures were slightly lower during midday trade in Europe today, ahead of advanced readings on US oil inventories. Meanwhile, natural gas futures rose, as weather patterns called for rising temps over the US later this week. WTI for September delivery traded for $98.19 per barrel at 12:49 GMT on the NYMEX, down […]
Read moreAugust 5, 2014 11:37 am
Natural gas futures were little changed during midday trade in Europe today. Weather patterns called for below-par temperatures for some highly-populated areas of the US, lowering cooling demand and allowing for a higher natgas inventory build up. Natural gas futures for delivery in September were up 0.08% to trade at $3.837 per million British thermal […]
Read moreAugust 5, 2014 9:25 am
Grains futures were lower during early trade in Europe today, after rallying on Monday, though not before soybeans and corn reached four-year lows. The US posted weekly crops readings yesterday, revealing steady progress, while weather patterns call for some rain over growing areas in the US, easing pressure. Weather forecasts project rainfall for the western […]
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