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Natural gas futures erase gains after EIA inventory data

March 12, 2015 3:00 pm
Natural gas slipped back into negative daily territory on Thursday after data by the Energy Information Administration showed US natural gas stockpiles fell last week largely in line with expectations. Seasonal weather across the majority of the country continued to weigh on the market. Natural gas for delivery in April traded 0.11% lower at $2.821 […] Read more

Natural gas trading outlook: futures drop on mild weather, EIA data in focus

March 12, 2015 10:21 am
Natural gas ended two days of gains on Thursday as most of the US continued to experience seasonal or slightly warmer weather, while investors eyed todays stockpiles report by the Energy Information Administration. Natural gas for delivery in April traded 1.20% lower at $2.790 per million British thermal units at 9:57 GMT, shifting in a […] Read more

Crude oil trading outlook: futures rise ahead of expiration

March 12, 2015 8:57 am
West Texas Intermediate and Brent crude rose on short covering ahead of the April contracts expiry next week, but a strong dollar and continuously rising US crude inventories capped upside momentum. US crude for delivery in April traded 0.89% higher at $48.60 per barrel at 8:22 GMT, shifting in a daily range of $48.65-$48.03. The […] Read more

Gold trading outlook: futures edge up after fresh three-month low

March 12, 2015 8:32 am
Gold climbed up for the first time in nine sessions on Thursday to trade above a fresh three-month low as a robust dollar and increasing speculations about a sooner boost of U.S. interest rates dented demand for the precious metal. Comex gold for delivery in April was up 1.02% at $1 162.3 per troy ounce […] Read more

WTI futures below $48 as US crude inventories jump

March 11, 2015 4:26 pm
West Texas Intermediate crude hovered near a 1-1/2-month low after data by the Energy Information Administration showed US crude oil inventories continued to expand, while output hit the highest in more than three decades. WTI crude for delivery in April traded 1.10% lower at $47.76 per barrel at 16:06 GMT, shifting in a daily range […] Read more

Natural gas trading outlook: futures ease on mild weather

March 11, 2015 10:07 am
Natural gas fell on Wednesday as most of the US continued to enjoy seasonal and slightly warmer temperatures. Gains were limited, however, ahead of Thursdays expectedly above-average inventory decline and as extended forecasts showed a return of cooler temperatures to the north-eastern US next week. Natural gas for delivery in April traded 0.77% lower at […] Read more

Natural gas trading outlook: futures inch up after hefty drop

March 10, 2015 10:01 am
Natural gas traded slightly higher on Tuesday but failed to regain much from heavy overnight losses as forecasts for a cold weather system across the North later this week turned less bullish. Natural gas for delivery in April rose 0.71% to $2.697 per million British thermal units by 9:41 GMT, shifting in a daily range […] Read more

Crude oil trading outlook: futures slide on strong dollar, China CPI supports

March 10, 2015 8:53 am
West Texas Intermediate and Brent crude fell on Tuesday as a firmer dollar offset better-than-expected consumer inflation data from China, while analysts awaited this weeks US inventory data, expected to show a rise to new records. US crude for delivery in April traded 0.48% lower at $49.76 per barrel at 8:30 GMT, shifting in a […] Read more