March 31, 2014 9:01 am
Natural gas futures declined on Monday, as temperatures across many US regions were expected to warm up gradually amid the nearing spring season, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.444 per million British thermal units at 09:57 GMT, down 0.93% on […]
Read moreMarch 31, 2014 7:27 am
West Texas Intermediate crude held near Fridays 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 6:46 am
Gold futures headed for the first monthly drop this year as further signs of recovery in the US backed the case for the Federal Reserve to keep cutting stimulus. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, remained unchanged on Friday. On the Comex division of the New York Mercantile Exchange, gold […]
Read moreMarch 30, 2014 9:56 am
Both West Texas Intermediate and Brent crude benchmarks rose on Friday and closed the week higher, supported by upbeat data from the US and concerns that tension in Ukraine may escalate. Supplies at the biggest US storage hub dropping to a two-year low, coupled with supply outages in Nigeria and Libya, further supported the market. […]
Read moreMarch 29, 2014 7:38 am
Gold futures fell to the weakest level in six weeks on Friday, capping a second weekly loss, as further signs of recovery in the US backed the case for the Federal Reserve to keep cutting stimulus. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, remained unchanged on Friday. On the Comex division […]
Read moreMarch 28, 2014 1:47 pm
West Texas Intermediate crude rose to the highest level in almost three weeks and was set for a second weekly gain as supplies at the biggest US storage hub fell to a two-year low and a possible escalation in tension surrounding Ukraine threatened to curb energy exports from Russia. A brighter economic outlook in the […]
Read moreMarch 28, 2014 12:26 pm
Copper futures rose for a second day, extending the biggest weekly advance in more than seven months amid speculation that the largest consumer of the metal, China, will take further steps to spur economic growth. Meanwhile, gold futures declined to a six-week low, while silver also declined. On the Comex division of the New York […]
Read moreMarch 28, 2014 9:37 am
Natural gas futures declined on Friday, after advancing by the most in more than a month as some investors deemed yesterdays gains excessive amid the nearing spring season and the expected warm-up across many US regions. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.528 per million British thermal […]
Read moreMarch 28, 2014 8:03 am
West Texas Intermediate crude traded near the highest level in three weeks and is set for a second weekly gain as supplies at the biggest US storage hub fell to a two-year low and a possible escalation in tension surrounding Ukraine threatened to curb energy exports from Russia. A brighter economic outlook in the US […]
Read moreMarch 28, 2014 7:55 am
Gold futures rebounded from a six-week low, trimming a second weekly loss as investors weighed speculation prices below $1 300 an ounce may spur demand against signs of recovery in the US, which may add to the case for Fed tapering. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday. […]
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