July 15, 2014 6:55 am
WTI and Brent futures were lower during early trade in Europe today, as traders await two separate reports on US oil inventories later today and tomorrow. Fresh fighting was reported in Libya, as the government suggested foreign peacekeepers be brought in. West Texas Intermediate futures for settlement in August traded for $100.87 per barrel at […]
Read moreJuly 14, 2014 1:35 pm
WTI futures were lower during midday trade in Europe today, while Brent added, with renewed violence in Libya threatening the fragile supply outlook increase. Meanwhile, natural gas futures reversed earlier losses, after a massive drop on US weather last week. West Texas Intermediate futures for settlement in August traded for $100.58 per barrel at 13:33 […]
Read moreJuly 14, 2014 1:04 pm
Gold and silver futures were deeper in the negative during midday trade in Europe today, backing off from four-month highs, as traders await key speeches and reports this week. Meanwhile, copper futures were also lower, ahead of key Chinese data. Gold futures for delivery in August traded for $1 313.8 per troy ounce at 13:01 […]
Read moreJuly 14, 2014 9:42 am
Natural gas futures were lower during early trade in Europe today. The blue fuel slumped last week, to close some 6% lower after a cold Canadian system tracked through the US, lowering cooling demand. Front month natural gas futures, due in August, dropped 0.92% at the New York Mercantile Exchange to trade for $4.108 per […]
Read moreJuly 14, 2014 8:29 am
Gold futures slid during early trade in Europe today. Last week the precious metal logged modest gains to stand at a four-month peak. Several key economic reports are due this week, with traders keenly awaiting US retail sales. Gold futures for delivery in August traded for $1 321.8 per troy ounce at 8:27 GMT on […]
Read moreJuly 14, 2014 7:44 am
WTI and Brent futures were lower during early trade in Europe today. Both contacts scored sizable losses on Friday, closing the week at levels seen before the Iraqi conflict erupted earlier in June. West Texas Intermediate futures for settlement in August traded for $100.35 per barrel at 7:42 GMT on the New York Mercantile Exchange, […]
Read moreJuly 13, 2014 9:04 am
Natural gas rebounded from the lowest level in six months on Friday as weather forecasters predicted above-normal temperatures in some US areas. Nevertheless, the power-station fuel settled the week 6% lower after the EIA reported a larger-than-average build in nationwide gas inventories and as weather over highly-populated regions cooled. On the New York Mercantile Exchange, […]
Read moreJuly 13, 2014 5:29 am
Gold futures logged moderate gains this week, and remain at the highest levels since the Crimean crisis. The dollar and US stocks saw some back-and-forth dynamics throughout this week, but closed lower, supporting gold. Gold futures for delivery in August closed for $1 337.4 per troy ounce on Friday on the COMEX in New York, […]
Read moreJuly 12, 2014 5:39 am
WTI and Brent futures closed for considerable losses this week, with supply-driven pressure coming from Libya and Iraq, and weaker gasoline demand outlooks, read from the US weekly oil report. West Texas Intermediate futures for settlement in August closed for $100.83 per barrel on Friday on the New York Mercantile Exchange, down 2.04% for the […]
Read moreJuly 11, 2014 1:14 pm
WTI and Brent futures continued downwards during midday trade in Europe today. Easing risks over Iraq and a possible surge from Libya pressured crude this week. Meanwhile, natural gas futures were higher, though headed for a loss of more than 6% this week, as weather over highly-populated parts of the US cooled. West Texas Intermediate […]
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