August 13, 2014 7:30 am
WTI and Brent prices continued downwards during early trade in Europe today, reaching new nine-month lows. Traders shrugged off risks over Iraq and Ukraine, as the International Energy Agency said the conflicts had not affected supplies, and the global market is facing a glut. WTI for delivery in September traded at $97.17 per barrel at […]
Read moreAugust 12, 2014 2:29 pm
WTI and Brent prices dropped midday in Europe today, as investors eyed conflicts in Iraq and Ukraine, ahead of weekly US oil inventories reports. Meanwhile, natural gas futures climbed, as investors picked up on calls for warmer days in the US later this week. WTI futures for delivery in September traded at $97.35 per barrel […]
Read moreAugust 12, 2014 1:19 pm
Gold prices were higher during midday trade in Europe today, as traders weighed economic data with risks over Iraq and Ukraine. Meanwhile, copper futures were steady ahead of key Chinese economic figures. Gold futures for delivery in December traded at $1 315.8 per troy ounce at 13:17 GMT on the Comex in New York today, […]
Read moreAugust 12, 2014 12:14 pm
Grains prices were in the negative midday in Europe today, as traders await the crucial monthly global crop outlook report by the US Department of Agriculture. Yesterday the Department released its reading on domestic crop progress report, to pressure wheat and beans lower, while corn was boosted. Weather patterns called for a favorable trend for […]
Read moreAugust 12, 2014 10:00 am
Natural gas prices steadied below $4 during early trade in Europe today, as weather models project another overall cooler-than-normal week for the US. Investors eye Thursdays natgas storage report, with forecasts of another sizable build. Natural gas for September traded at $3.981 per million British thermal units (mBtu) at 9:40 GMT on the NYMEX, up […]
Read moreAugust 12, 2014 8:28 am
Gold prices were little changed during early trade in Europe today, as traders weigh the risks from the conflicts in Iraq and Ukraine with a rally in equities. Gold futures for delivery in December traded at $1 310.3 per troy ounce at 8:25 GMT on the Comex in New York today, down 0.02%. Prices ranged […]
Read moreAugust 12, 2014 7:12 am
WTI and Brent prices were well to the downside during early trade in Europe today, as investors weighed risks in Ukraine and the Middle East with the upcoming reports on US oil inventories. WTI futures for delivery in September traded at $97.63 per barrel at 7:10 GMT on the New York Mercantile Exchange, down 0.46%. […]
Read moreAugust 11, 2014 2:25 pm
WTI and Brent prices were higher during midday trade in Europe today, as investors weighed an armed conflict and a growing political confrontation in Iraq, OPECs second-top oil exporter. Meanwhile, natural gas prices fell below the $4 mark, as cooler weather over the US is expected. WTI for September delivery on the New York Mercantile […]
Read moreAugust 11, 2014 1:13 pm
Gold prices steadied during midday trade in Europe today, as investors weighed tensions and risks from the conflicts in Iraq and Ukraine. Meanwhile, copper futures were higher, supported by Chinese CPI. Gold futures for December delivery on the COMEX in New York traded at $1 309.6 per troy ounce at 13:13 GMT, down 0.11%. Prices […]
Read moreAugust 11, 2014 12:10 pm
Grains prices were mixed during midday trade in Europe today, as investors await the US weekly crop report. Wheat logged sizable gains last week, not least because of growing geopolitical tensions over Ukraine. Weather patterns called for a relatively favorable trend for the Midwest, with scattered showers and lower temperatures, but also dryness and the […]
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