July 12, 2014 5:39 am
WTI and Brent futures closed for considerable losses this week, with supply-driven pressure coming from Libya and Iraq, and weaker gasoline demand outlooks, read from the US weekly oil report. West Texas Intermediate futures for settlement in August closed for $100.83 per barrel on Friday on the New York Mercantile Exchange, down 2.04% for the […]
Read moreJuly 11, 2014 1:14 pm
WTI and Brent futures continued downwards during midday trade in Europe today. Easing risks over Iraq and a possible surge from Libya pressured crude this week. Meanwhile, natural gas futures were higher, though headed for a loss of more than 6% this week, as weather over highly-populated parts of the US cooled. West Texas Intermediate […]
Read moreJuly 11, 2014 1:04 pm
Gold and silver futures were lower during midday trade in Europe today, though headed for sizable weekly gains on US Fed minutes and a slump for stocks. Meanwhile, copper futures were lower and headed for weekly losses after reported shrinking imports in top-consumer China. Gold futures for delivery in August traded for $1 336.8 per […]
Read moreJuly 11, 2014 9:07 am
Natural gas futures were higher during early trade in Europe today, after a sixth session of losses on Thursday. The contract is headed for a loss of more than 6% this week, as weather over highly-populated parts of the US cooled. Front month natural gas futures, due in August, added 0.58% at the New York […]
Read moreJuly 11, 2014 6:38 am
Gold futures were slightly lower during early trade in Europe today. The precious metal logged a sizable gain on Thursday, as US stocks returned to losing, while the dollar also gained. Gold futures for delivery in August traded for $1 337.2 per troy ounce at 6:33 GMT on the COMEX in New York today, down […]
Read moreJuly 11, 2014 5:56 am
WTI futures were lower during early trade in Europe today, while Brent was steady. Both contracts were set for weekly losses, as the past few days saw Libya increase its production and exports outlooks dramatically, while the US reported rising gasoline supplies amid peak driving season. West Texas Intermediate futures for settlement in August traded […]
Read moreJuly 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 moreJuly 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 moreJuly 10, 2014 8:03 am
Natural gas futures were higher during early trade in Europe today. The US will report on nat gas storage levels later today, and analysts suggest another sizable increase, though the figure is projected below 100 billion cubic feet for the first time in 8 weeks. Front month natural gas futures, due in August, added 0.19% […]
Read moreJuly 10, 2014 7:18 am
Gold futures continued adding during early trade in Europe today. The Fed released minutes from its June meeting yesterday, pressuring the dollar and supporting the precious metal, while stocks also logged sizable gains. Gold futures for delivery in August traded for $1 330.1 per troy ounce at 7:15 GMT on the COMEX in New York […]
Read more