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Crude oil futures weekly recap, July 21 – July 25

July 26, 2014 6:40 am
WTI and Brent futures climbed this week, as the US revealed its weekly oil report, to stir markets with mixed data. Elsewhere, the EU added to the list of sanctioned Russian individuals on Friday, in light of the Ukrainian crisis. WTI September futures added 0.02% on Friday, closing the week at $102.09 per barrel, up […] Read more

Commodities trading outlook: gold, silver and copper futures

July 25, 2014 1:19 pm
Gold and silver futures climbed during midday trade in Europe today, ahead of Wall Street opening this weeks last session. US stocks climbed again on Thursday, logging at or near record levels. Meanwhile, copper futures were steady, after surge on Thursday. Gold futures for August delivery stood at $1 294.5 per troy ounce at 13:09 […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 25, 2014 12:44 pm
WTI futures slid during midday trade in Europe today, while Brent added. Both contracts stood for insignificant weekly gains earlier today. Meanwhile, natural gas futures were lower, after on Thursday the US posted another sizable build for nat gas inventories. WTI futures for September settlement stood at $101.72 per barrel at 12:42 GMT in New […] Read more

Natural gas trading outlook: futures headed for weekly loss as US inventories add

July 25, 2014 8:40 am
Natural gas futures were slightly higher during early trade in Europe today. The blue fuel gained yesterday, as the US posted weekly storage data, revealing a lower-than-expected injection. The build was still quite larger than average, though, and the next several builds will probably also be quite big. Front month natural gas futures, due in […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 24, 2014 2:41 pm
WTI and Brent futures were slightly lower during midday trade in Europe today, after gaining on the US oil report on Wednesday. Meanwhile, natural gas futures climbed, despite the US posting another massive weekly build for stocks. WTI for September delivery stood at $102.94 per barrel at 14:23 GMT in New York today, down 0.17%. […] Read more

Commodities trading outlook: gold, silver and copper futures

July 24, 2014 11:44 am
Gold and silver futures steadied at lower levels during midday trade in Europe today, ahead of several US economic reports. Stocks and the dollar advanced on Wednesday. Meanwhile, copper futures surged, boosted by positive readings for top-consumer China. Gold futures for delivery in August stood at $1 300.5 per troy ounce at 11:41 GMT in […] Read more