March 5, 2015 8:53 am
Gold slipped for a fourth session on Thursday as the precious metal failed to shake off pressure by strong US economic data. Comex gold for delivery in April was down 0.02% at $1 200.7 per troy ounce at 8:34 GMT, shifting in a daily range of $1 205.5-$1 198.8. The precious metal fell 0.29% on […]
Read moreMarch 5, 2015 8:32 am
West Texas Intermediate and Brent crude rose on Wednesday, moving past bearish US supply data, and were little changed on Thursday as Iran reached no deal in talks over its nuclear program, removing fears of additional Iranian oil flooding the market. US crude for delivery in April traded 0.21% higher at $51.64 per barrel at […]
Read moreMarch 4, 2015 3:54 pm
West Texas Intermediate and Brent crude plunged on Wednesday after data by the Energy Information Administration showed that US crude oil inventories rose to the highest in at least 80 years, while crude output hit a new record as well. US crude for delivery in April traded 1.31% lower at $49.86 per barrel at 15:34 […]
Read moreMarch 4, 2015 10:41 am
Natural gas rose for a second day as the latest in a series of Arctic blasts spread below-normal temperatures across the majority of the US, though upside movement was checked by an upcoming thaw next week. Natural gas for delivery in April rose by 1.22% to $2.745 per million British thermal units by 10:14 GMT, […]
Read moreMarch 4, 2015 9:40 am
Gold hovered near the $1 200 mark on Wednesday after two days of losses as the dollar held near the highest in 11 years against a basket or trading partners ahead of key US economic data. Comex gold for delivery in April was down 0.06% at $1 203.7 per troy ounce at 9:18 GMT, shifting […]
Read moreMarch 4, 2015 8:37 am
West Texas Intermediate and Brent crude eased on Wednesday as investors eyed government supply data that will likely show US crude stockpiles rose to a new multi-decade peak, while the US dollar hovered near the highest in 11 years against a basket of major trading partners. A hike in Saudi delivery prices to Asia and […]
Read moreMarch 3, 2015 12:54 pm
Natural gas fell for a second day on Tuesday as weather conditions across the US remained on track to significantly improve starting March 10th, spurring bearish longer-term weather sentiment. Natural gas for delivery in April fell 1.15% to $2.667 per million British thermal units by 12:34 GMT, shifting in a daily range of $2.681-$2.641. The […]
Read moreMarch 2, 2015 11:42 am
Natural gas fell on Monday after plunging more than 8% last week as forecasts called for one last week of widespread cold weather in the US before the entire country, apart from the North, warms up to near or above-normal around March 10th. Natural gas for delivery in April traded 1.28% lower at $2.699 per […]
Read moreMarch 2, 2015 10:26 am
West Texas Intermediate and Brent crude fell on Monday after Saudi Arabia ramped up production in February, helping OPEC exceed its collective target for a ninth straight month, while the US dollar traded near an 11-year high versus a basket of major peers. A further drop in active US oil rigs provided support. US crude […]
Read moreMarch 1, 2015 2:40 pm
Natural gas rose on Friday but recorded a hefty weekly decline as weather agencies predicted a broad warm-up across the US in the second week of March, reinforcing bearish sentiment after last weeks smaller-than-projected withdrawal in US natural gas stockpiles. Natural gas for delivery in April gained 1.4% on Friday to settle the week 8.1% […]
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