March 20, 2015 10:25 am
Natural gas rose on Friday and headed for a sizable weekly gain as the north-eastern US braced for a strong cold blast that would induce a period of stronger heating demand. Gains, however, were limited as the rest of the US remains near-seasonal or slightly warmer. Natural gas for delivery in April traded 0.92% higher […]
Read moreMarch 20, 2015 8:36 am
West Texas Intermediate crude held near the lowest in six years and Brent fell towards $54 as US inventories were at the highest in more than 80 years, exacerbated by oversupply fears after Kuwait said OPEC needs to maintain its production policy. US crude for delivery in May traded 0.22% lower at $45.43 per barrel […]
Read moreMarch 20, 2015 8:07 am
Gold edged up on Friday to trade near a two-week high as investors regained some confidence in the metal after the Federal Reserve indicated a slower pace of interest rate hikes. Comex gold for delivery in April was up 0.13% at $1 170.5 per troy ounce at 7:42 GMT, shifting in a daily range of […]
Read moreMarch 19, 2015 10:39 am
Natural gas fell for the first time in three days before the Energy Information Administration likely reports a near-normal inventory withdrawal. A cold blast, expected to hit the northern US this weekend, kept losses checked. Natural gas for delivery in April traded 0.82% lower at $2.896 per million British thermal units at 10:18 GMT, shifting […]
Read moreMarch 19, 2015 8:55 am
West Texas Intermediate and Brent crude resumed downward movement on Thursday as the US dollar pared hefty overnight losses, while investors focused on government supply data showing the highest level of inventories in more than 80 years. US crude for delivery in May traded 3.00% lower at $45.25 per barrel at 8:26 GMT, shifting in […]
Read moreMarch 19, 2015 8:13 am
Gold edged up on Thursday to trade near its highest in nearly two weeks after the Federal Reserve outlined that interest rates in the worlds largest economy would grow slower than previously estimated. Comex gold for delivery in April was up 1.34% at $1 166.7 per troy ounce at 7:52 GMT, shifting in a daily […]
Read moreMarch 18, 2015 3:10 pm
West Texas Intermediate crude traded near the lowest level in six years after government data showed that US crude stockpiles soared for a tenth week, while output reached the highest in more than three decades. Brent slipped as well. US crude for delivery in May traded 2.01% lower at $44.28 per barrel at 14:58 GMT, […]
Read moreMarch 18, 2015 9:59 am
Natural gas fell on Wednesday following hefty gains on Tuesday as a widespread cooling over the US took effect but upside movement was capped as weather across the majority of the country remained seasonal, while investors eyed tomorrows inventory report. Natural gas for delivery in April traded 1.12% lower at $2.823 per million British thermal […]
Read moreMarch 18, 2015 8:26 am
West Texas Intermediate crude touched a fresh 6-year low on Wednesday after private data showed a tenth straight weekly jump in US crude oil inventories to a new record, while investors eyed the outcome of Feds two-day policy meeting. US crude for delivery in May traded 1.22% lower at $44.64 per barrel at 8:01 GMT, […]
Read moreMarch 18, 2015 8:08 am
Gold remained near the lowest in more than four months on Wednesday as investors awaited the outcome of Feds policy meeting that may pave the way for a sooner interest rate hike. Comex gold for delivery in April was down 0.17% at $1 146.2 per troy ounce at 7:43 GMT, shifting in a daily range […]
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