March 17, 2015 8:43 am
West Texas Intermediate crude fell for a sixth day on Tuesday ahead of US supply data that is expected to show a tenth consecutive jump in US crude stockpiles to a new record. Brent slid for a fourth session. US crude for delivery in May traded 0.82% lower at $45.75 per barrel at 8:14 GMT, […]
Read moreMarch 17, 2015 8:03 am
Gold edged up for a fourth session on Tuesday but gains remained limited by the prospect of a sooner interest rate increase by the Federal Reserve, holding near a three-month low. Comex gold for delivery in April was up 0.23% at $1 155.8 per troy ounce at 7:38 GMT, shifting in a daily range of […]
Read moreMarch 16, 2015 10:31 am
Natural gas shifted between gains and losses on Monday as the majority of the US remained engulfed by mild conditions, while investors eyed Thursdays EIA inventory report that is expected to show a thinner-than-average withdrawal. Natural gas for delivery in April traded 0.59% lower at $2.711 per million British thermal units at 10:22 GMT, having […]
Read moreMarch 16, 2015 8:57 am
West Texas Intermediate revisited Januarys 6-year trough on Monday as the dollar hovered near a 12-year peak against a basket of currencies, while US crude output remained at the highest in more than three decades despite a further drop in the count of rigs targeting oil. Brent fell as well. WTI crude for delivery in […]
Read moreMarch 16, 2015 8:10 am
Gold rose on Monday but remained pressured by mounting speculations that the Federal Reserve would indicate a sooner increase in interest rates during its upcoming meeting. Comex gold for delivery in April was up 0.79% at $1 161.5 per troy ounce at 7:54 GMT, shifting in a daily range of $1 163.3 – $1 152.7. […]
Read moreMarch 15, 2015 11:48 am
West Texas Intermediate and Brent crude fell sharply on Friday, posting hefty weekly drops, as the US dollar continued its march towards parity with the euro, while a warning by the IEA that the global supply overhang is growing offset a fresh drop in US oil rig count. US crude for delivery in April, which […]
Read moreMarch 14, 2015 10:23 am
Natural gas settled the week lower as streaming weather data continued to show seasonal readings across the majority of the US throughout next week, keeping heating demand much lower compared to recent weeks as we near the end of the withdrawal season. Natural gas for delivery in April slid 0.26% on Friday to settle the […]
Read moreMarch 13, 2015 10:01 am
Natural gas fell on Friday and was on track for a sizable weekly decline as near-seasonal and warmer conditions continued to cover the majority of the US, while the Energy Information Administrations weekly supply report showed on Thursday a withdrawal in line with expectations. Natural gas for delivery in April traded 1.57% lower at $2.691 […]
Read moreMarch 13, 2015 8:51 am
West Texas Intermediate and Brent crude were little changed on Friday as investors eyed a tentative deal between the United Steelworkers union and Royal Dutch Shell that may end the biggest strike by US refinery workers in 35 years, while a firm dollar capped gains. US crude for delivery in April traded 0.26% higher at […]
Read moreMarch 13, 2015 7:59 am
Gold gained on Friday to trim losses from previous sessions as the robust dollar took a breather, but the metal is headed for a yet another weekly loss as traders continue to expect a sooner increase in U.S. interest rates. Comex gold for delivery in April was up 0.57% at $1 158.5 per troy ounce […]
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