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Natural gas trading outlook: futures drop on US thaw

March 9, 2015 9:57 am
Natural gas plunged on Monday as warm temperatures across the US continued to gain ground, significantly easing heating demand. Natural gas for delivery in April traded 3.59% lower at $2.737 per million British thermal units at 9:33 GMT, shifting in a daily range of $2.778-$2.727. The contract fell 0.07% on Friday to settle the week […] Read more

Crude oil trading outlook: Brent futures extend drop on firm dollar

March 9, 2015 8:47 am
West Texas Intermediate marked a slight increase, while Brent extended losses into a fourth session as the US dollar hovered near the highest level in more than 11 years against a basket of major trading peers and Goldman Sachs predicted a reverse in oils recent gains. US crude for delivery in April traded 0.20% higher […] Read more

Gold trading outlook: futures hover near 3-month lows

March 9, 2015 8:22 am
Gold edged up on Monday following a week of declines which ended with the metals biggest daily drop since December 2013 after robust U.S. economic data bolstered expectations of a sooner interest rate hike. Comex gold for delivery in April was up 0.62% at $1 171.5 per troy ounce at 7:53 GMT, shifting in a […] Read more

Natural gas futures weekly recap: March 2 – March 6

March 8, 2015 2:57 pm
Natural gas was little changed on Friday and registered a third weekly jump in four after data by the EIA showed an expansion in US inventory deficits last week. Natural gas for delivery in April fell 0.07% on Friday to settle the week 3.8% higher at $2.839 per million British thermal units. The contract swung […] Read more

Natural gas trading outlook: futures head for weekly gain

March 6, 2015 10:39 am
Natural gas rose for a fourth day on Friday after data by the EIA showed on Thursday a much larger than average inventory decline last week, further expanding deficits. Natural gas for delivery in April traded 0.49% higher at $2.855 per million British thermal units at 10:10 GMT, shifting in a daily range of $2.863-$2.822. […] Read more

Gold trading outlook: futures head for another weekly fall

March 6, 2015 8:14 am
Gold edged up on Friday to end four sessions of declines but headed for a yet another weekly loss as robust U.S. economic data boosted the dollar and speculations about a sooner interest rate hike. Comex gold for delivery in April was up 0.09% at $1 197.3 per troy ounce at 7:45 GMT, shifting in […] Read more

Natural gas futures hit session high after EIA supply data

March 5, 2015 4:05 pm
Natural gas rose to a one-week high on Thursday after the Energy Information Administration reported an inventory decline in line with expectations and double the five-year average withdrawal. Natural gas for delivery in April traded 2.35% higher at $2.834 per million British thermal units at 15:54 GMT, shortly after it jumped to a one-week high […] Read more

Natural gas trading outlook: futures steady ahead of EIA report

March 5, 2015 10:02 am
Natural gas was little changed on Thursday as investors weighed an expected hefty inventory withdrawal against forecasts for a widespread thaw in the US as the latest in a series of Arctic blasts fizzles this weekend. Natural gas for delivery in April traded 0.22% lower at $2.763 per million British thermal units by 9:37 GMT, […] Read more