February 9, 2015 9:09 am
West Texas Intermediate and Brent were steady on Monday as investors weighed a further drop in the number of active US oil rigs against downbeat trade data from China, coupled with a persisting strike at US refineries. US crude for delivery in March traded 0.27% higher at $51.83 per barrel at 8:42 GMT, having shifted […]
Read moreFebruary 9, 2015 8:18 am
Gold rebounded from a three-week low on Monday following weak Chinese economic data that pressured Asian equities, but gains were capped on US interest rate hike concerns. Comex gold for delivery in April was up 0.38% at $1 240.3 per troy ounce at 08:06 GMT, shifting in a daily range of $1 240.7-$1 234.4. The […]
Read moreFebruary 8, 2015 10:01 am
Natural gas fell on Friday, capping a tenth weekly decline in eleven, amid speculations that warmer-than-usual weather across the majority of the US will induce lighter national heating demand. Natural gas for delivery in March slid 0.81% on Friday to settle the week 4.1% lower at $2.579 per million British thermal units. Prices held in […]
Read moreFebruary 6, 2015 11:02 am
Gold rose on Friday before the release of US jobs data but was headed for its worst weekly performance in nearly two months. Copper fell but was on track to post a hefty weekly gain, tracking a jump in oil prices. Comex gold for delivery in April was up 0.16% at $1 264.7 per troy […]
Read moreFebruary 6, 2015 10:13 am
Natural gas rose on Friday but hovered near the lowest in 2-1/2 years after the EIA reported a smaller-than-expected drop in US natural gas stockpiles, while forecasts called for warmer-than-usual weather across the majority of the US next week. Natural gas for delivery in March rose by 1.19% to $2.631 per million British units by […]
Read moreFebruary 6, 2015 9:07 am
Gold rose on Friday before the release of US jobs data but was headed for its worst weekly performance in nearly two months. Comex gold for delivery in April was up 0.32% at $1 266.7 per troy ounce at 08:46 GMT, shifting in a daily range of $1 269.00-$1 262.4. The precious metal lost 0.14% […]
Read moreFebruary 6, 2015 8:54 am
West Texas Intermediate and Brent crude extended overnight gains on Friday amid the highest trading volatility in nearly six years as investors weighed a global supply glut versus speculations that oil demand in China may rise as the Peoples Bank of China expands monetary easing. US crude for delivery in March rose 1.58% to $51.28 […]
Read moreFebruary 5, 2015 3:59 pm
Natural gas tumbled on Thursday after the Energy Information Administration reported that US natural gas stockpiles declined less than expected last week, adding to pressure already being exerted by forecasts for warm weather across most of the US next week. Natural gas for delivery in March slid 1.80% to $2.614 per million British thermal units […]
Read moreFebruary 5, 2015 10:42 am
Gold was little changed on Thursday as investors weighed monetary easing in China and the Eurozone against the prospects for higher interest rates in the US. Silver fell, while platinum and palladium were steady. Copper slid on fears of lower demand from top consumer China, with ANZ cutting its price outlook for industrial metals. Comex […]
Read moreFebruary 5, 2015 9:54 am
Natural gas trimmed a weekly decline as cold weather across the northern US spurred strong heating demand but gains were capped by expectations for a smaller-than-average inventory withdrawal last week. Natural gas for delivery in March rose 0.68% to $2.680 per million British thermal units by 9:30 GMT, having shifted in a daily range of […]
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