February 4, 2015 8:43 am
West Texas Intermediate and Brent crude slid for the first time in five days, ending a streak that brought prices up by about 20%, as downbeat China data revived concerns of softer oil demand, while private figures showed another hefty gain in US crude oil inventories. West Texas Intermediate for delivery in March traded 1.83% […]
Read moreFebruary 3, 2015 10:54 am
Gold edged up to trade above $1 280 an ounce on Tuesday as global growth concerns boosted demand for the metal, but investors remained cautious as they assessed the possibility of a US rate hike. Silver, platinum and palladium rose as well. Copper gained as a rebound in oil prices led to a broader advance […]
Read moreFebruary 3, 2015 10:04 am
Natural gas steadied on Tuesday after falling for four straight sessions as short-term forecasts called for colder-than-usual weather across the northern US. However, extended outlooks pointing to mild weather across the majority of the US, coupled with projections for another smaller-than-average drop in US stockpiles last week kept gains checked. Natural gas for delivery in […]
Read moreFebruary 3, 2015 8:47 am
Both West Texas Intermediate and Brent crude rose for a fourth session on Tuesday amid technical signs prices may have bottomed out. However, weak fundamentals, including weak demand prospects from China, Russian output remaining close to a post-Soviet record and US crude supplies set to rise further, capped gains. US crude for delivery in March […]
Read moreFebruary 3, 2015 8:15 am
Gold edged up to trade near $1 280 an ounce on Tuesday as global growth concerns boosted demand for the metal, but investors remained cautious as they assessed the possibility of a US rate hike. Comex gold for delivery in April climbed 0.56% to $1 284.1 per troy ounce by 08:02 GMT, shifting in a […]
Read moreFebruary 2, 2015 11:02 am
Gold scored its biggest monthly increase in three years as investors sought the safety of the metal amid disappointing projections of global growth but steadied to trade around $1 280 an ounce after Fed officials boosted their prospects for the US economy. Copper swung between gains and losses as investors weighed slowing China growth against […]
Read moreFebruary 2, 2015 10:03 am
Natural gas fell for a fourth straight day, hitting a fresh 2-1/2-year low, as extended weather forecasts called for seasonal or warmer temperatures across most of the US through mid-February, while the EIA is expected to report another lean inventory withdrawal this Thursday. Natural gas for delivery in March fell by 1.37% to $2.654 per […]
Read moreFebruary 2, 2015 8:56 am
Both West Texas Intermediate and Brent crude slid on Monday following Fridays hefty gains amid speculation that US unions calling a strike at nine refineries will curtail crude oil demand, while OPEC boosted output in January. A contraction in Chinas manufacturing sector last month also weighed on prices. US crude for delivery in March slid […]
Read moreFebruary 2, 2015 8:18 am
Gold scored its biggest monthly increase in three years as investors sought the safety of the metal amid disappointing projections of global growth and steadied to trade around $1 280 an ounce after Fed officials boosted their prospects for the US economy. Comex gold for delivery in April climbed 0.11% to $1 280.6 per troy […]
Read moreFebruary 1, 2015 7:04 am
Natural gas slid for a fourth day in five on Friday, falling for a second straight week, after data by the EIA showed a smaller-than-expected inventory withdrawal, with another lean draw projected to come next Thursday. Forecasts for active weather across the US provided some support. On the New York Mercantile Exchange, natural gas for […]
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