July 29, 2015 8:45 am
Natural gas rose early Wednesday, jumping for a third day, as very warm to hot conditions across almost the entire US spurred high cooling demand, while the EIA is expected to report tomorrow an inventory build near the average. Gains, however, were limited by forecasts for a comfortable cooling across the US Midwest and Northeast […]
Read moreJuly 29, 2015 7:25 am
Gold remained in a narrow weekly range, hovering not far off a 5-1/2-year low, as investors awaited the conclusion of the Federal Reserves two-day policy meeting for a timetable on this years expected interest rate hike. Gold futures for delivery in August were up 0.05% at $1 096.7 per troy ounce at 07:02 GMT, shifting […]
Read moreJuly 28, 2015 10:02 am
British oil and gas company BP Plc reported on Tuesday a sharp drop in second-quarter profit as lower oil prices hit its upstream operations, while the company took a multi-billion charge related to the 2010 Gulf of Mexico oil spill. BP said that underlying replacement cost profit, its definition of net income and analysts preferred […]
Read moreJuly 28, 2015 8:43 am
Natural gas fell in early European trading on Tuesday as investors weighted very warm to hot weather across the US in the near term against extended forecasts calling for a cooling across the Midwest and Northeast. Natural gas for delivery in September traded 0.36% lower at $2.778 per million British thermal units at 08:16 GMT, […]
Read moreJuly 28, 2015 7:06 am
Gold held in a narrow range on Tuesday as investors braced for the Federal Open Market Committees two-day policy meeting which is largely expected to confirm an interest rate increase by the end of the year. Gold futures for delivery in August traded 0.02% lower at $1 096.2 per troy ounce at 06:42 GMT, shifting […]
Read moreJuly 27, 2015 10:06 am
Royal Philips NV reported on Monday second-quarter profit and revenue that topped analysts expectations as a weaker euro helped boost sales. The Dutch consumer, lighting and healthcare company said that group revenue soared little over 20% to €5.97 billion euros in the three months ended June 30th from €4.97 billion a year earlier, boosted by […]
Read moreJuly 27, 2015 8:55 am
Natural gas fell for a third day in early European trading on Monday as widespread very warm to hot weather was offset by forecasts for a cooling across the northern, central and eastern US in the beginning of August. Natural gas for delivery in August traded 0.50% lower at $2.762 per million British thermal units […]
Read moreJuly 27, 2015 7:31 am
Short covering helped gold rise on Monday after scoring the longest stretch of weekly declines since 2012, with investors remaining bearish on the precious metal ahead of FOMCs policy meeting this week. Gold futures for delivery in August traded 1.65% higher at $1 103.4 per troy ounce at 06:54 GMT, shifting in a daily range […]
Read moreJuly 24, 2015 10:06 am
Shares of Amazon.com Inc surged more than 18% in pre-market trading on Friday after the online retailer reported on Thursday an unexpected profit in the second quarter on the back of better-than-projected revenue. The company said that net sales surged 20% to $23.18 billion in the three months ended June 30th, compared with $19.34 billion […]
Read moreJuly 24, 2015 8:50 am
Natural gas fell for a second day on Friday and headed for a weekly drop as weather forecasts called for a cooling across the eastern US in the first week of August after the next seven days widespread very warm to hot conditions. Natural gas for delivery in August traded 0.32% lower at $2.807 per […]
Read more