October 27, 2014 9:28 am
West Texas Intermediate crude was little changed on Monday, while Brent fell below $86 as Goldman Sachs revised down its price forecasts in the first quarter of next year by $15 amid ample global supply. December US crude was mostly unchanged at $81.02 per barrel on the New York Mercantile Exchange at 9:02 GMT. Prices […]
Read moreOctober 26, 2014 9:42 am
Natural gas capped a third consecutive weekly decline as mild weather across most of the US throughout October paved the way for additional above-average inventory builds that would further narrow a record deficit. Natural gas futures for delivery in November rose 0.03% on Friday to $3.623 on the New York Mercantile Exchange, settling the week […]
Read moreOctober 24, 2014 12:50 pm
Gold headed for its first weekly decline in three as better-than-expected economic data from the US, China and Europe supported the case of an economic recovery, denting the metal’s safe haven demand. Copper was pressured by falling Chinese house prices but continued to draw support by strong US data, coupled with better-than-expected manufacturing figures from […]
Read moreOctober 24, 2014 10:28 am
Natural gas traded near the lowest level in 11 months after the EIA reported on Thursday the 27th consecutive above-average weekly build in US stockpiles, while weather forecasts failed to give concrete evidence of early-November widespread freezes in the US. Natural gas for delivery in November fell by 0.75% to $3.595 per million British thermal […]
Read moreOctober 24, 2014 8:50 am
Gold was steady on Friday but headed for its first weekly decline in three as better-than-expected economic data from the US, China and Europe supported the case of an economic recovery, denting the metals safe haven demand. Comex gold for delivery in December traded at $1 233.1 per troy ounce at 8:30 GMT, up 0.33% […]
Read moreOctober 24, 2014 7:25 am
Both West Texas Intermediate and Brent benchmark crudes fell on Friday after investors took profits following strong overnight gains and as the market shrug off a Saudi supply cut, having realized the reduction does not reflect a change in the kingdoms output policy. On the New York Mercantile Exchange, WTI futures for settlement in December […]
Read moreOctober 23, 2014 2:47 pm
Natural gas jumped to positive daily territory after the Energy Information Administration reported that US natural gas inventories rose less than expected in the seven days through October 17th, but still scored the 27th consecutive above-average weekly build. Natural gas futures for settlement in November rose 0.19% to $3.666 per million British thermal units by […]
Read moreOctober 23, 2014 2:26 pm
Both West Texas Intermediate and Brent benchmark crudes edged higher in early US trading on Thursday after a person familiar with the matter said Saudi Arabia cut crude supplies in September, although output rose. Better-than-expected economic data from Europe, China and the US also lent support. Natural gas fell. December US crude traded 0.84% higher […]
Read moreOctober 23, 2014 1:16 pm
Gold extended its daily decline to more than $20 below a six-week high as better-than-expected manufacturing data from China and Europe, coupled with upbeat employment data from the US eased economic slowdown concerns. Copper rose on the upbeat numbers. Comex gold for delivery in December fell by 0.83% to $1 235.2 per troy ounce by […]
Read moreOctober 23, 2014 11:43 am
Natural gas fell to the lowest since November as weather forecasts provided no concrete data for early-November widespread freezes, while the outlook for the remainder of October remained unchanged, showing mild weather across most of the US. Market players awaited the release of EIAs natural gas inventory data, due at 14:30 GMT, set to show […]
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