Brent July crude rose 28 cents to settle at $106.83 a barrel, having swung from $106.02 to $107.24.
0731-6618000
Monday, 28 May 2012
U.S.CRUDE
U.S. July crude edged up 20 cents to settle at $90.86, having moved from $90.20 to $91.32.
0731-6618000
OIL
Oil prices rose for a second day on Friday on the lack of progress in negotiations with Iran over its disputed nuclear program.
0731-6618000
LME COPPER
LME copper settled at $7,654 per tonne in the official session, up 0.59 percent from the previous day’s evening evaluation. Prices hit the lowest since early January at $7,503 this week.
0731-6618000
COPPER
Copper rose slightly on Friday as prices clawed back from 4-1/2-month lows hit earlier this week, although the market headed for its fourth consecutive weekly loss as uncertainty over Europe’s economy and the potential exit of Greece from the euro hammered the single currency.
0731-6618000
SPOT GOLD
Spot gold traded nearly flat at $1,574.28 an ounce by 0047 GMT, after falling more than 1 percent last week on jitters over the euro zone debt crisis.
0731-6618000
GOLD
Gold was little changed on Monday after rising 1 percent in the previous session, as prices gained mild support from a steady euro after Greek polls showed the pro-bailout government was in favour of the public opinion.
0731-6618000
U.S. MARKET UPDATE
U.S. stocks ended their first positive week in four with a down day on Friday as investors were reluctant to buy going into a long weekend, with uncertainty still swirling around Europe.
The Dow Jones industrial average fell 74.92 points, or 0.60 percent, to 12,454.83 at the close. The Standard & Poor’s 500 Index dipped 2.86 points, or 0.22 percent, to 1,317.82. The Nasdaq Composite Index was down 1.85 points, or 0.07 percent, at 2,837.53.
0731-6618000
Commodity Market Outlook :28-05-2012
Gold climbs before U.S. holiday
Oil edges up on Iran, but posts 4th weekly loss
U.S. consumer sentiment rise
Copper posts small gain, heads for weekly loss
U.S., German markets closed on Monday
COMEX stocks fall to Oct 2009 lows
0731-6618000
Subscribe to:
Posts (Atom)