March 26, 2014 10:18 am
Natural gas futures declined on Wednesday as long-term weather forecasting models called for a significant warm-up across most of the densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.392 per million British thermal units at 10:17 GMT, down 0.51% […]
Read moreMarch 26, 2014 7:52 am
Both West Texas Intermediate and Brent crude benchmarks edged higher in early European trading on Wednesday, supported by supply disruptions in Nigeria and Libya, as well as strong data from the US on Tuesday which bolstered the top consumers economic outlook. Gains however were capped after a private report showed a tenth consecutive weekly build […]
Read moreMarch 26, 2014 7:48 am
Gold futures rose on Wednesday as investors weighed the prospect of reduced Fed stimulus against increasing demand for a haven amid tensions in Ukraine. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, retreated from more than a three-month high yesterday. On the Comex division of the New York Mercantile Exchange, gold futures for […]
Read moreMarch 25, 2014 1:46 pm
West Texas Intermediate traded little changed ahead of US supply data that may show a tenth consecutive weekly build in US crude oil inventories. Brent advanced amid escalating tension between the West and Russia after leaders of the global leading industrial countries suspended Russia from G-8, in response to its annexation of Crimea. Meanwhile, natural […]
Read moreMarch 25, 2014 12:43 pm
Copper futures rose for a second time in three days amid speculation China will take measures to spur economic growth and on concern that supplies from a mine in Chile may be disrupted. Meanwhile, gold traded declined to more than a one-month low, while silver hovered near the weakest level in 1-1/2 months. On the […]
Read moreMarch 25, 2014 10:07 am
Natural gas futures advanced on Tuesday as weather forecasting models continued to call for below-normal temperatures across many densely populated US areas, spurring demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.304 per million British thermal units at 10:04 GMT, up 0.74% on the […]
Read moreMarch 25, 2014 8:19 am
West Texas Intermediate crude fell for the first time in three days on Tuesday ahead of US supply data that may show a tenth consecutive weekly build in US crude oil inventories. Worse-than-expected manufacturing PMI data from both the US and China on Monday fueled concerns over demand prospects in the worlds two biggest consumers, […]
Read moreMarch 25, 2014 7:46 am
Gold futures rebounded from the weakest level in more than a month after the global leading industrial countries threatened further sanctions to stop Russia from invading other parts of Ukraine, fueling demand for the precious metal as a store of value. Also fanning positive sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, […]
Read moreMarch 24, 2014 2:01 pm
Both West Texas Intermediate and Brent crude benchmarks regained ground on Monday, erasing earlier daily losses amid rising tension between the West and Russia ahead of diplomatic talks that are to determine the West’s reaction to Russia annexing Crimea. Meanwhile, natural gas futures declined for a third day. On the New York Mercantile Exchange, WTI […]
Read moreMarch 24, 2014 1:02 pm
Copper futures rose on Monday, but gains were held in check after a private gauge of Chinese manufacturing output came in below expectations, curbing demand prospects in the worlds largest consumer of the metal. Meanwhile, gold futures plunged to one-month low, amid expectations US interest rates will rise next year, while silver hovered bear its […]
Read more