September 13, 2014 4:39 am
WTI futures closed little changed from last week on Friday, while Brent stood near a 26-month low after slumping on reduced global demand growth outlooks and ample supplies. Meanwhile, tensions over Ukraine and the fight against Islamic State failed to offer much upside, as traders kept away from any risk premium. WTI crude for delivery […]
Read moreSeptember 12, 2014 12:53 pm
Gold and silver futures were slightly lower during midday trade in Europe today, on track for sizable weekly losses as a year-high dollar weighed heavily on the precious metals investment appeal. Meanwhile, copper futures were also headed for a loss, as downbeat data from top consumer China pressured the red metal. Gold futures for December […]
Read moreSeptember 12, 2014 11:24 am
WTI and Brent futures steadied for slight gains during midday trade in Europe today, as traders saw the recent slump as excessive, correcting some of the losses. Meanwhile, natural gas futures were poised for a weekly gain despite growing stockpiles in the US. WTI futures for October delivery on the New York Mercantile Exchange traded […]
Read moreSeptember 12, 2014 9:01 am
Natural gas futures were higher during early trade in Europe and were on track to score a sizable weekly gain, despite another big weekly build for US natgas inventories pressuring contracts on Thursday. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.837 per million British thermal units […]
Read moreSeptember 12, 2014 8:03 am
Gold futures were lower during early trade in Europe, heading to settle a fifth straight session in the red and log a sizable weekly loss. A strong dollar weighed heavily on the precious metal, as traders eye the upcoming Fed meeting. Gold futures for December delivery on the Comex in New York traded at $1 […]
Read moreSeptember 12, 2014 7:28 am
WTI futures were higher during early trade in Europe today, reversing losses from earlier this week, while Brent, the global benchmark, was on track to settle the week at the lowest level in more than two years. WTI futures for October delivery on the New York Mercantile Exchange traded at $93.30 per barrel at 7:18 […]
Read moreSeptember 11, 2014 2:41 pm
Natural gas futures slumped during midday trade in Europe today, after the EIA reported natural gas inventories had added more than expected last week, signaling growing supply-demand disbalance as the market heads into Fall shoulder season. Front-month natural gas futures for settlement in October on the New York Mercantile Exchange traded at $3.838 per million […]
Read moreSeptember 11, 2014 1:29 pm
Gold and silver futures were lower during midday trade in Europe today, as investors were wary of big moves ahead of the Feds meeting next week. Meanwhile, copper futures dropped after downbeat data from China. Gold futures for December delivery on the Comex in New York traded at $1 244.8 per troy ounce, down 0.04%, […]
Read moreSeptember 11, 2014 12:34 pm
WTI and Brent futures extended the slump to log two-year lows after Saudi Arabia dispelled speculation of an imminent deep cut in production. Meanwhile, natural gas futures were also lower as investor await EIAs storage report. WTI futures for October delivery on the New York Mercantile Exchange traded at $90.54 per barrel at 12:29 GMT […]
Read moreSeptember 11, 2014 9:39 am
Natural gas futures were lower during early trade in Europe today, after the most-traded contract failed to breach the key resistance at $4 yesterday, with an impressive 5% rally since Monday. Traders eye the upcoming weekly EIA log on natural gas inventory levels in the US later today, a report which triggers intense trading and […]
Read more