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Natural gas trading outlook: futures steady amid mostly seasonal US weather

June 30, 2014 9:20 am
Natural gas futures were little changed during early trade in Europe today. Weather patterns project some unsettled weather over parts of the US, offsetting slightly above-average temperatures in others. Front month natural gas futures, due in August, dropped 0.09% at the New York Mercantile Exchange to trade for $4.405 per million British thermal units at […] Read more

Crude oil trading outlook: WTI and Brent futures drop, southern Iraq seen safe

June 30, 2014 7:16 am
WTI and Brent futures were lower during early trade in Europe today. Continued fighting in Iraq failed to lift crude contracts, as traders felt the countrys main oil industry in the south was unhindered by the conflict. Top oil-consuming economies will reveal key data this week. West Texas Intermediate futures for settlement in August traded […] Read more

Natural gas futures weekly recap: June 23 – June 27

June 29, 2014 6:05 am
Natural gas fell for a second day on Friday and closed the week lower, despite projections for an overall warmer trend across the US, after the Energy Information Administration reported a larger-than-projected inventory build up. On the New York Mercantile Exchange, natural gas futures for settlement in August slid by 0.72% to $4.409 per million […] Read more

Gold weekly recap, June 23 – June 27

June 29, 2014 2:15 am
Gold futures were little changed this week, as Iraq maintained some support, while the the US economy posted some mixed results. The US mark Independence Day next week, meaning trade will be muted, with many exchanges closing at midday on Thursday, and not working on Friday, July 4. Gold futures for delivery in August closed […] Read more

Crude oil weekly recap, June 23 – June 27

June 28, 2014 5:40 am
WTI and Brent futures closed the week lower, as the conflict in Iraq was seen sparing the main southern oilfields. The US mark Independence Day next week, meaning trade will be muted, with many exchanges closing at midday on Thursday, and not working on Friday, July 4. West Texas Intermediate futures for settlement in August […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 27, 2014 1:21 pm
WTI and Brent futures were higher during afternoon trade in Europe today. Iraq worries seemed slightly fading earlier, with authorities announcing they are bolstering the military. Meanwhile, natural gas futures were lower and headed for a sizable weekly loss. West Texas Intermediate futures for settlement in August traded for $106.01 per barrel at 13:18 GMT […] Read more

Commodities trading outlook: gold, silver and copper futures

June 27, 2014 12:54 pm
Gold and silver futures were relatively steady during midday trade in Europe today. Stocks closed lower on Thursday, as the US posted some slightly worse-than-expected data. Meanwhile, copper futures were also little changed. Gold futures for delivery in August traded for $1 318.5 per troy ounce at 12:52 GMT on the COMEX in New York […] Read more