March 14, 2014 12:33 pm
Natural gas futures declined to the weakest level in more than seven weeks, after a government report showed yesterday that US gas stockpiles fell less than projected last week and as weather forecasting models called for a springlike weather across many densely populated US areas, curbing demand for the power-station fuel. On the New York […]
Read moreMarch 14, 2014 8:08 am
West Texas Intermediate crude fell for a fourth day in five on Friday and is headed to its poorest weekly performance since January after an eight consecutive jump in US crude inventories, while domestic output surged to the highest in more than 25 years and the Energy Department announced a Strategic Petroleum Reserve release. Upbeat […]
Read moreMarch 14, 2014 7:51 am
Gold futures touched the strongest level in more than six months and headed for a sixth weekly advance, the longest winning run since August 2011, as rising tension in Ukraine, ahead of a referendum in Crimea on splitting to join Russia, and concern Chinas growth is slowing momentum, boosted demand for bullion as a store […]
Read moreMarch 13, 2014 2:58 pm
Natural gas futures declined to the weakest level in more than seven weeks, after a government report showed today that US gas stockpiles fell less than projected last week and as weather forecasting models called for a warm-up across many densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile […]
Read moreMarch 13, 2014 12:43 pm
Grain futures advanced on Thursday, wheat jumped to the strongest level in 4-1/2 months on speculation that escalating tension in Ukraine may disrupt the countrys exports and buyers may shift purchases to other countries, including the US. On the Chicago Board of Trade, wheat futures for settlement in May rose by 0.51% to trade at […]
Read moreMarch 13, 2014 8:17 am
West Texas Intermediate crude hovered near the lowest level since the beginning of February after weaker-than-expected data from China added to recently built up concerns over an economic slowdown in the worlds second-biggest oil consumer. The oil market remained under pressure after government data showed US crude supplies rose three times more than expected, while […]
Read moreMarch 13, 2014 7:48 am
Gold futures advanced to the strongest level in more than six months as worsening tension between Ukraine and Russia spurred demand for haven assets, with prices heading for the best string of weekly gains since September 2012. A weaker US dollar also supported the yellow metal, while assets in the SPDR Gold Trust, the biggest […]
Read moreMarch 12, 2014 3:43 pm
Grain futures were mixed on Wednesday, soybeans fell a third day amid speculation the recent price rally may curb demand and China, the world largest importer of the grain may cancel more cargoes. Meanwhile, corn advanced, while wheat touched the strongest level in more than four months. On the Chicago Board of Trade, soybeans futures […]
Read moreMarch 12, 2014 2:53 pm
West Texas Intermediate crude remained near the lowest level in a month after government data showed that US crude oil inventories rose much more than expected, marking an eight consecutive weekly advance. Losses were limited as supplies at the biggest US storage hub fell for a sixth week and as motor gasoline inventories dropped above […]
Read moreMarch 12, 2014 1:27 pm
Natural gas futures declined to the weakest level in two weeks on Wednesday, as weather forecasting models called for a warm-up across many densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in April plunged by 2.88% to trade at $4.473 per million […]
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