August 28, 2014 2:03 pm
Gold and silver climbed during midday trade in Europe today, after Kiev reported a “Russian invasion” was taking place, with government forces retreating from a key town. Meanwhile, copper futures were lower amid lackluster demand. Gold futures for December delivery on the Comex in New York traded at $1 292.5 per troy ounce, up 0.71%, […]
Read moreAugust 28, 2014 12:42 pm
WTI and Brent futures rallied during midday trade in Europe today, after numerous sources spoke of a Russian invasion, bumping the risk premium up. Meanwhile, natural gas futures were also higher as investors eye the upcoming US inventories report. West Texas Intermediate futures for delivery in October traded at $94.04 per barrel, up 0.17%, at […]
Read moreAugust 28, 2014 11:42 am
PetroChina Co Ltd, the countrys largest oil producer, posted rising revenue and profits, as economic reforms in the worlds second-top economy proved beneficial for the state-owned giant. Operating income was reported at 1.15 trillion yuan (~$187.87bn) for the six months through June 30, up 4.8% on an annual basis, while net profit was up 4.0% […]
Read moreAugust 28, 2014 9:25 am
Natural gas futures were higher during early trade in Europe today, after closing above $4 for the first time in more than a month yesterday. Investors eye the upcoming EIA inventories report, set to reveal a relatively smaller injection. Front-month natural gas futures for delivery in October traded at $4.020 per million British thermal units […]
Read moreAugust 28, 2014 8:20 am
Gold futures were higher during early trade in Europe today, as growing worries over a Russian invasion in Ukraine pushed haven demand up. Several key economic readings are due today, as investors seek more data to reinforce an earlier-than-previously-expected US rate hike outlook. Gold futures for December delivery on the Comex in New York traded […]
Read moreAugust 28, 2014 7:13 am
WTI futures were lower during early trade in Europe today, while Brent was little changed, as largely expected draws from US oil stocks were priced in. Growing worries over a Russian invasion in Ukraine failed to lift the risk premium. West Texas Intermediate futures for delivery in October traded at $93.62 per barrel, down 0.28%, […]
Read moreAugust 27, 2014 2:56 pm
WTI and Brent futures were steady and heading for daily gains during midday trade in Europe today, as the US weekly oil report failed to impact prices too much. Crude oil and gasoline stocks saw moderate draws last week, while distillates added, largely as expected. West Texas Intermediate futures for delivery in October traded at […]
Read moreAugust 27, 2014 1:53 pm
WTI and Brent futures were higher ahead of the official US oil inventories report, as tensions in Ukraine rose today, with more reports of Russian armor with the rebels. Meanwhile, natural gas futures broke through the $4 barrier as heat in the US pushed up cooling demand. West Texas Intermediate futures for delivery in October […]
Read moreAugust 27, 2014 1:27 pm
Ryanair Holdings, Europes largest discount airline, revealed the latest step in its drive to attract business travelers, announcing the introduction of the “Business Plus” travel plan. The new business-class tickets start from €70 and come with several perks, like unlimited flight changes, fast-track security checks and “premium seating”. A few footnotes pointed, however, that some […]
Read moreAugust 27, 2014 12:37 pm
Gold and silver futures steadied above Tuesdays close during midday trade in Europe today, as tensions in Ukraine hurt risk plays, supporting havens. Meanwhile, copper futures continued downwards, weighed on by a strong dollar. Gold futures for December delivery on the Comex in New York traded at $1 287.3 per troy ounce, up 0.16%, at […]
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