SINGAPORE, Dec 12- Brent futures held steady above $109 a barrel on Thursday as a looming U.S. budget deal backed expectations the Federal Reserve may act soon to unwind a stimulus programme that has supported oil prices, keeping investors at bay.» Read More
NEW YORK, Dec 11- Natural gas futures hit 7- month highs on Wednesday after cold weather forecasts bumped up expectations for heating demand in the United States, while U.S. crude prices tumbled on a report showing a build in gasoline inventories. Copper rose for a fourth straight session in London, hitting a one-month high together with zinc.
*Two new pipelines set to drain oil from Cushing. NEW YORK, Dec 11- Crude oil futures prices fell on both sides of the Atlantic as a U.S. inventory report showed a build in gasoline stocks and Libya said its ports could reopen by the weekend, raising the prospect of more crude in the world market.
The Futures Now team discusses what's weighing crude down. Anthony Grisanti of GRZ Energy, and Rich Ilczyszyn of iiTrader, offer insight.
The budget deal in D.C. could end up crushing gold—here's why.
NEW YORK, Dec 11- U.S. gasoline futures fell to a session low after U.S. government data showed an inventory build much higher than analysts' expectations. U.S gasoline inventories rose by 6.7 million barrels, data from the U.S. Energy Information Administration showed on Wednesday, compared with the forecast in a Reuters poll for a 1.8 million barrel build.
Mastercard's stock purchase highlights one of the main drivers of the stock rally in the last few years.
*Costco shares drop after profit misses estimates. NEW YORK, Dec 11- U.S. stock index futures were little changed on Wednesday as investors assessed a provisional budget deal reached in Washington and its potential impact of an expected wind-down of Federal Reserve stimulus.
Some analysts say the huge rally in this commodity has finally cooled off.
Dennis Gartman,The Gartman Letter founder and editor, and Carl Larry, Oil Outlooks & Opinions president, provide their outlook on oil prices as the economy begins to improve.
*Two new pipelines set to drain oil from Cushing. SINGAPORE, Dec 11- Brent held steady above $109 a barrel on Wednesday as traders focused on the narrowing of its spread with U.S. futures ahead of U.S. inventory data that is forecast to show a drop in crude stockpiles.
*Two new pipelines set to drain oil from Cushing. SINGAPORE, Dec 11- Brent drifted above $109 a barrel on Wednesday as traders focused on the narrowing of its spread with U.S. futures ahead of U.S. inventories data that is forecast to show a drop in crude stockpiles.
SINGAPORE, Dec 11- Brent drifted above $109 a barrel on Wednesday as traders focused on the narrowing of its spread to U.S. futures ahead of U.S. inventories data that is forecast to show a drop in crude stockpiles.
SINGAPORE, Dec 11- U.S. oil futures traded at their highest in six weeks above $98 a barrel on Wednesday after U.S. data showed a larger-than-expected drop in crude inventories.
Dennis Gartman says his 40 years of trading experience give him a good reason to stay bullish.
The metal could pop soon, said RBC's George Davis, but that will present a terrific shorting opportunity.
WASHINGTON, Dec 10- The U.S. Commodity Futures Trading Commission on Tuesday adopted the Volcker rule, which bans proprietary trading by banks, according to Bart Chilton, a Democrat member of the derivatives regulator.
The technical take on gold, with George Davis, RBC Capital Markets, with CNBC's Jackie DeAngelis and the Futures Now Traders.
George Davis of RBC says that the long-term picture for gold looks very week, with CNBC's Jackie DeAngelis and the "Futures Now" traders.
Natural gas is at a 7-month high. How much further can it go? The next move for nat gas, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Dennis Gartman offers his perspective on the market outlook, with CNBC's Jackie DeAngelis and the "Futures Now" traders.
Brent oil futures fell below $109.50 a barrel on Thursday on several bearish signals.
Gold inched up on Thursday as some safe-haven bids emerged.
CNBC's Jackie DeAngelis looks at three stocks to watch tomorrow, including Athenahealth, which had a big miss today; Lululemon reports before the bell; and homebuilder Hovnanian reports, as well.