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Commodities trading outlook: crude oil and natural gas futures

July 10, 2014 2:41 pm
WTI and Brent futures were slightly lower during afternoon trade in Europe today. The US oil report pressured crude contracts yesterday, while Libya plans to gradually expand output. Meanwhile, natural gas futures slid as the US posted weekly nat gas storage levels. West Texas Intermediate futures for settlement in August traded for $102.14 per barrel […] Read more

Commodities trading outlook: gold, silver and copper futures

July 10, 2014 12:40 pm
Gold and silver futures continued climbing during midday trade in Europe today. Precious metals saw strong support from the Feds June meeting minutes, which revealed a rate hike was not on the table yet. Meanwhile, copper futures were lower as top-consumer China revealed shrinking imports of the red metal. Gold futures for delivery in August […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 9, 2014 2:39 pm
WTI and Brent futures were lower during afternoon trade in Europe today, as the US posted weekly readings on oil inventories. Meanwhile, natural gas futures were slightly lower, ahead of the EIA weekly gas report on Thursday. West Texas Intermediate futures for settlement in August traded for $102.59 per barrel at 14:37 GMT on the […] Read more

Commodities trading outlook: gold, silver and copper futures

July 9, 2014 11:45 am
Gold and silver futures remained higher during midday trade in Europe today, ahead of the release of the minutes from the Feds June meeting. Meanwhile, copper futures were also higher as Goldman predicts prices will lower through to next year. Gold futures for delivery in August traded for $1 325.8 per troy ounce at 11:40 […] Read more