September 26, 2014 7:02 am
WTI and Brent futures were little changed during early trade in Europe today, as investors look to US GDP data to steer final moves this week. Ample crude supplies and lackluster demand still rule the markets, though, and a bearish trend for a considerable time seems at hand. WTI futures for November delivery on the […]
Read moreSeptember 25, 2014 2:34 pm
Natural gas futures pared some of the sessions losses during afternoon trade in Europe today, despite a neutral-to-bearish EIA report, which revealed a larger than expected build at US stocks. Front-month natural gas futures for settlement in October on the NYMEX traded at $3.846 per million British thermal units (mBtu) at 14:35 GMT, down 0.90% […]
Read moreSeptember 25, 2014 12:49 pm
Gold and silver futures recovered some losses during midday trade in Europe today, but were still deep in bear ground, after logging multi-month lows earlier. Meanwhile, copper futures were also on the downside as the dollar weighed on industrial metals as well. Gold futures for December delivery on the Comex in New York traded at […]
Read moreSeptember 25, 2014 11:56 am
WTI and Brent futures turned bullish during midday trade in Europe today, as investors continued sifting US oil inventories data. Meanwhile, natural gas futures were still in red as investors await the weekly EIA storage report. WTI futures for November delivery on the New York Mercantile Exchange traded at $93.07 per barrel at 11:53 GMT […]
Read moreSeptember 25, 2014 9:25 am
Natural gas futures gave back some of Wednesdays gains during early trade in Europe today, as investors eye the weekly US natgas storage build report. Weather patterns remain bearish in the short term, though indications of some cool early in October stoke some early heating hype. Front-month natural gas futures for settlement in October on […]
Read moreSeptember 25, 2014 8:09 am
Gold futures dropped to a fresh nine-month low during early trade in Europe today, as investors brace for more economic data out of the US potentially further boosting the greenback. Continued strikes on IS targets in Syria failed to spur haven demand, as the rising dollar dictates direction and the whole precious metals complex slumps. […]
Read moreSeptember 25, 2014 7:08 am
WTI and Brent futures slid back into the red during early trade in Europe today, after reversing the downturn late on Wednesday to close in the black, with support by a drop in US crude stocks. Air strikes on ISIS refineries in Syria failed to widen the risk premium, as ample supplies are the theme […]
Read moreSeptember 24, 2014 2:51 pm
WTI futures reversed earlier losses to climb into bull ground after the US reported a significant amount of stockpiled crude was drawn last week, signaling demand could be picking up. Meanwhile, Brent was near a two-year bottom. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.71 per barrel at 14:46 […]
Read moreSeptember 24, 2014 12:32 pm
WTI futures pared back earlier gains, while Brent was pressured deeper in bear territory during midday trade in Europe today, as investors await US inventories data. Meanwhile, natural gas futures were steadily orbiting the previous close. WTI futures for November delivery on the New York Mercantile Exchange traded at $91.55 per barrel at 12:28 GMT […]
Read moreSeptember 24, 2014 11:59 am
Gold and silver futures dipped during midday trade in Europe today, as the dollar gained, supported by worsening sentiment in the Eurozone. Meanwhile, copper futures were steady as investors eye US housing data. Gold futures for December delivery on the Comex in New York traded at $1 220.8 per troy ounce by 11:55 GMT, down […]
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