September 24, 2015 9:54 am
French oil major Total SA has come under investigation by two separate US agencies tied to allegedly manipulative trades in the US gas markets and is fully cooperating, it said on Wednesday. News that Totals trades are being probed by the Commodity Futures Trading Commission, which regulates the trading of commodity-based financial securities, came a […]
Read moreSeptember 24, 2015 8:37 am
Natural gas extended losses on Thursday as overall market sentiment remained dominated by bearish weather forecasts ahead of a weekly EIA inventory report which is expected to show a triple-digit gain. Natural gas for delivery in November traded 0.45% lower at $2.626 per million British thermal units at 08:06 GMT, shifting in a daily range […]
Read moreSeptember 24, 2015 7:22 am
Gold extended overnight gains as softer-than-expected US data and the worst contraction in Chinese manufacturing activity since more than 6 years bolstered its safe haven allure, although gains were capped by expectations for an interest rate hike later this year. Gold futures for delivery in December traded 0.42% higher at $1 136.2 per troy ounce […]
Read moreSeptember 23, 2015 10:05 am
Total SA is deepening its reaction to low crude prices as the French oil major announced on Wednesday a further cut in capital and operating expenses, while pledging to cover the dividend fully paid in cash. Total, which reported a $5.66-billion net loss in 2014, said it would cut capital expenditure to $20-$21 billion in […]
Read moreSeptember 23, 2015 8:44 am
Natural gas was slightly up in early European trading on Wednesday but hovered near a recently hit minimum as a bearish mid-term weather outlook spelled low demand for the power source. Natural gas for delivery in November traded 0.15% higher at $2.643 per million British thermal units at 08:29 GMT, shifting in a daily range […]
Read moreSeptember 23, 2015 7:20 am
Gold was steady on Wednesday after two days of losses, weighed by a strong dollar, even as downbeat China data rekindled concerns over a global economic slowdown. Gold futures for delivery in December were little changed at $1 125.7 per troy ounce at 06:50 GMT, having shifted in a narrow daily range of $1 126.3 […]
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