January 4, 2015 9:38 am
West Texas Intermediate and Brent crude fell on Friday, capping a sixth consecutive weekly decline, as official data showed rising supplies from Russia and Iraq at times of ever-growing US output and OPEC resisting calls to cut output, while manufacturing activity in China and Europe stalled. US crude for delivery in February slid 1.09% on […]
Read moreJanuary 3, 2015 2:13 pm
Natural gas rose on Friday, recovering from a steep drop during the previous session that pushed it to the lowest in more than two years, as weather forecasts called for colder-than-usual weather during the coming week. On the New York Mercantile Exchange, natural gas for delivery in February rose 3.95% on Friday to settle the […]
Read moreJanuary 2, 2015 2:47 pm
West Texas Intermediate and Brent crude slid to the lowest in more than 5-1/2 years amid growing supplies from Iraq and Russia, while manufacturing activity figures from China and Europe pointed to weakness, exacerbating concerns of a global supply glut. US crude for delivery in February slid 0.98% to $52.75 per barrel by 14:14 GMT, […]
Read moreDecember 31, 2014 11:14 am
Natural gas fell for a second day on Wednesday before government data shows an alleged thin inventory decline which would bring stockpiles much closer to average levels. Forecasts for active and overall cold weather across the US through the next two weeks kept prices underpinned. On the New York Mercantile Exchange, natural gas for delivery […]
Read moreDecember 30, 2014 1:08 pm
Gold ticked up on Tuesday on equities weakness after scoring its biggest daily drop in a week as the dollar hit fresh multi-year highs. Silver gained, while platinum and palladium were little changed. Copper rebounded from a 4-1/2-year low as the US dollar temporarily eased, giving dollar-denominated commodities a breather. Comex gold for delivery in […]
Read moreDecember 30, 2014 10:16 am
Natural gas slid on Tuesday before a government report supposedly shows another much smaller than the average inventory decline, helping narrow down deficits. However, prices remained supported, with a bullish bias, after rallying 5.5% on Monday as weather forecasts called for much colder than usual weather throughout the week. Natural gas for delivery in February […]
Read moreDecember 30, 2014 9:11 am
Oil prices slid for a fourth day, falling below a 5-1/2-year low, before government data in the US shows that inventories in the worlds top consumer allegedly remained unchanged at the highest level since June. US crude for delivery in February traded 1.36% lower at $52.88 per barrel at 8:46 GMT, having shifted in a […]
Read moreDecember 30, 2014 7:28 am
Gold ticked up on Tuesday on equities weakness after the precious metal scored its biggest daily drop in a week as the dollar strengthened. Comex gold for delivery in February gained 0.44% to $1 187.1 per troy ounce by 07:11 GMT, having shifted in a daily range of $1 189.6-$1 180.5 an ounce. The precious […]
Read moreDecember 29, 2014 1:27 pm
Gold erased its daily gains on Monday amid a firm US dollar and weak investor interest but remained supported near the $1 200 level by concerns of fresh elections in Greece and fears of the country exiting the euro area. Copper was little changed after earlier falling to the lowest since mid-2010 on softer demand […]
Read moreDecember 29, 2014 10:13 am
Natural gas gained for the first time in three sessions on speculations that colder weather will induce higher heating demand but gains were limited by expectations for another thin weekly inventory decline. On the New York Mercantile Exchange, natural gas for delivery in February jumped by 1.22% to $3.070 per million British thermal units by […]
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