April 24, 2014 12:30 pm
Todays European trading session saw West Texas Intermediate and Brent both claw their way up from last sessions losses on the bearish US supplies report, with firm support coming from Ukraine. Meanwhile, natural gas kept earlier gains on reports for dropping temperatures in the US, beating bearish forecasts for supplies. WTI futures due in June […]
Read moreApril 24, 2014 10:12 am
Natural gas futures rose during early European hours today, as cooler weather gripped the United States, the worlds biggest consumer. Forecasts are temperatures will remain below average for this time of year, boosting prices for the heating fuel. Meanwhile, the weekly report on natural gas storage levels in the US is due later today, with […]
Read moreApril 24, 2014 8:43 am
Gold kept near last sessions close during early European trading, as worse-than-expected data from the US, alongside simmering tensions in Ukraine, supported demand for the precious metal against the overall accelerating economic recovery of the US. Gold futures due in June, the most traded on the COMEX division of the New York Mercantile Exchange, stood […]
Read moreApril 24, 2014 7:31 am
Early European trading hours saw both West Texas Intermediate and Brent futures recover losses from last session, when a bearish report on US crude supplies hit hard on the market, erasing earlier gains. Ukraine remains the only firm support of crude prices. WTI futures for June traded for $101.77 per barrel at 7:13 GMT on […]
Read moreApril 23, 2014 3:27 pm
US crude fell sharply on news that stockpiles in the United States rose more than expected the week ended April 18th, erasing earlier gains. Brent also felt negative sentiment and slid to session low. On the New York Mercantile Exchange WTI futures for June delivery traded at $101.72 per barrel at 15:20 GMT, losing 0.02% […]
Read moreApril 23, 2014 2:27 pm
Gold held near yesterday’s 12-week low as tensions in Ukraine provided a firm floor. Silver found some momentum, adding to shy gains last session. Copper fell on Wednesday, as a bearish report on China indicated a decline in demand in the world’s foremost consumer of the industrial metal. Gold futures for June delivery advanced 0.25% […]
Read moreApril 23, 2014 1:17 pm
West Texas Intermediate dropped amid reports of a slowing Chinese economy and rising inventories in the US, while Brent held steady, supported by tensions in Ukraine. Meanwhile, natural gas gained momentum with weather reports forecasting cooler weather over the US and recording the highest price in two months. On the New York Mercantile Exchange WTI […]
Read moreApril 23, 2014 10:46 am
Copper fell on Wednesday as a bearish report on Chinas manufacturing PMI spread negative demand outlook in the world’s top industrial metals consumer. Limited positive sentiment on preliminary EU and US data was unable to balance out the retreat. The New York Mercantile Exchanges COMEX division saw copper May contracts lose 0.39% to trade at […]
Read moreApril 23, 2014 9:36 am
Natural gas futures remained steady during European trading on Wednesday, as cooler weather over the US supported last session’s increase. Weather reports indicate more warm-ups and cool-downs as the month comes to a close. On the New York Mercantile Exchange natural gas futures due in June traded at $4.756 per million British thermal units at […]
Read moreApril 23, 2014 8:16 am
Gold traded slightly higher in European trading on Wednesday, though the metal seemed steady on its downward way after it recorded the lowest price in 12 weeks yesterday as investors judged the US recovery a stronger bet than escalation of the Ukraine crisis. Also boosting bearish sentiment, speculations with the Yuan weighed on Chinese demand, […]
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