April 2, 2014 9:43 am
Natural gas futures declined for a fourth day on Wednesday, touching the weakest level since January 20, as forecasts for warmer weather in the US reduced demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.247 per million British thermal units at 09:40 GMT, down […]
Read moreApril 2, 2014 7:07 am
West Texas Intermediate crude fell for a third day ahead of government data that is expected to show an eleventh consecutive weekly build up in US crude oil inventories. An unanticipated decline in supplies according to a private report limited losses. The oil complex, and particularly Brent crude, was heavily pressured amid the possible reopening […]
Read moreApril 2, 2014 6:50 am
Gold futures snapped two days of declines after prices dropped to the lowest level in seven weeks, encouraging some investors to buy the precious metal amid signs of increasing demand in China, the worlds biggest consumer. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced yesterday to the weakest level in almost […]
Read moreApril 1, 2014 12:45 pm
Copper futures rose on Tuesday, trading close to the strongest level in three weeks after official data showed a gauge of manufacturing activity in China, the worlds biggest consumer of the metal, advanced more than expected last month. Meanwhile, gold futures traded close to the weakest level in seven weeks as further signs of recovery […]
Read moreApril 1, 2014 11:49 am
Natural gas futures declined for a third day on Tuesday, as forecasts for warmer weather in the US reduced demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.368 per million British thermal units at 11:47 GMT, down 0.08% on the day. Prices held in […]
Read moreApril 1, 2014 11:43 am
Both West Texas Intermediate and Brent crude benchmarks edged lower on Tuesday ahead of private and government data that may show an eleventh weekly build-up in US crude oil inventories, while manufacturing figures from China spurred uncertainty over growth prospects in the world’s second-biggest economy and oil consumer. Meanwhile, natural gas futures traded little changed […]
Read moreApril 1, 2014 7:33 am
Both West Texas Intermediate and Brent crude benchmarks edged lower on Tuesday ahead of private and government data that may show an eleventh weekly build up in US crude oil inventories, while manufacturing figures from China spurred uncertainty over growth prospects in the worlds second-biggest economy and oil consumer. A possible dispersion of tension between […]
Read moreApril 1, 2014 6:53 am
Gold futures traded close to the weakest level in seven weeks as further signs of recovery in the US backed the case for the Federal Reserve to keep cutting stimulus and amid decreasing physical demand from China, the largest global consumer of the metal. Also fanning negative sentiment, assets in the SPDR Gold Trust, the […]
Read moreMarch 31, 2014 1:07 pm
West Texas Intermediate crude held near Friday’s three-week high close and is set for a quarterly advance as Russia and the West discuss how to defuse growing tension over the crisis in Ukraine, while supply outages from Nigeria and Libya further supported the market. Gains however were capped as Iraq started production at a new […]
Read moreMarch 31, 2014 12:27 pm
Copper futures declined on Monday and were set for the biggest quarterly drop since the three months through June amid concern that the economy of the worlds biggest consumer of the metal is slowing, which will curb demand. Meanwhile, gold futures headed for the first monthly drop this year as further signs of recovery in […]
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