April 15, 2014 7:10 am
Both West Texas Intermediate and Brent crude benchmarks eased in early European trading on Tuesday ahead of government data that may show US crude oil inventories rose for a 12th week in 13 in the seven days ended April 11th. Investors also eyed the upcoming diplomatic meeting in Geneva where Western powers, Russia and Ukraine […]
Read moreApril 14, 2014 2:53 pm
Gold futures traded near the highest level in three weeks as escalating tension between Russia and Ukraine limited investors risk appetite and boosted the metals safe haven demand. Silver and platinum tracked the yellow metals upward movement and palladium surged to a three-year high. Copper gained as well as retail sales in the United States […]
Read moreApril 14, 2014 2:00 pm
Both West Texas Intermediate and Brent crude benchmarks pared their daily gains in late European trade on Monday as an alleged rise in Libyan crude oil exports offset fears of disruptions in energy supplies from Russia. Natural gas declined as milder weather conditions over parts of the US limited demand for the energy source. On […]
Read moreApril 14, 2014 12:34 pm
Gold traded near the highest level in three weeks as renewed fears of escalating tension between Ukraine and Moscow curbed investors risk appetite and boosted the metals safe haven demand. Last weeks Fed minutes continued to support the yellow metal. Palladium jumped to a three-year high. On the Comex division of the New York Mercantile […]
Read moreApril 14, 2014 11:11 am
Both West Texas Intermediate and Brent crude benchmarks rose on Monday as tensions escalated in east Ukraine, spurring fears of possible disruptions of energy exports to Europe. Limiting gains to some extent, operations at Libya’s Zawiya oil export terminal were resumed. On the New York Mercantile Exchange, WTI crude for delivery in May traded at […]
Read moreApril 12, 2014 10:22 am
Gold futures fell on Friday, but capped a second weekly gain as minutes from the Federal Reserve’s last policy meeting curbed expectations for higher interest rates in the US, while tension in Ukraine persisted. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, fell to a one-month low on Friday. On the Comex […]
Read moreApril 12, 2014 7:27 am
West Texas Intermediate crude rose on Friday and posted its biggest weekly advance this year after strong US consumer sentiment data fanned positive sentiment for the US economy, while gasoline demand jumped to a four-month high in the week ended April 4th. Brent also settled the week higher, but narrowed its premium to WTI as […]
Read moreApril 11, 2014 11:39 am
Copper and gold futures headed for a weekly gain as minutes from the Federal Reserve’s last policy meeting curbed expectations for higher interest rates in the US, while tension in Ukraine persisted. Silver futures were also poised for a second weekly advance. On the Comex division of the New York Mercantile Exchange, copper futures for […]
Read moreApril 11, 2014 7:50 am
During Thursday’s trading session natural gas futures for delivery in May traded within the range $4.524-$4.702 and closed at $4.638. At 07:47 GMT today natural gas futures for settlement in May traded at $4.669 per million British thermal units, adding 0.3% for the day. The contract touched a daily high at $4.673 per mBtu at […]
Read moreApril 11, 2014 6:52 am
Gold futures headed for a second weekly gain as minutes from the Federal Reserves last policy meeting curbed expectations for higher interest rates in the US, while tension in Ukraine persisted. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, fell to a one-month low yesterday. On the Comex division of the New […]
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