Precious metals funds worldwide bleed $1.2 billion, most since December '13: BofA Jul 31, 2015 02:15PM

By Sam Forgione

NEW YORK (Reuters) - Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

The outflows from the funds, which mainly invest in physical gold, were the biggest over any week since December 2013, according to the report, which also cited data from... (continue reading...)

The Carlyle Group (CG) Splits with Vermillion Commodity Fund Following Severe Drop in Assets Jul 31, 2015 02:13PM

Carlyle Group (Nasdaq: CG) is said to have parted ways with Vermillion Asset Management LLC’s Viridian commodity fund following severe underperformance.

The WSJ said that Vermillion's commodity fund saw its assets drop from $2 billion to less than $50 million ahead of the split. The fund was said to have lost 23 percent last year alone.

Carlyle bought a majority stake in Vermillion in 2005 and the assets were sold at the end of last month.

Drops in prices for nat gas,... (continue reading...)

UPDATE: Baker Hughes Total U.S. Rig Count -2 to 874, U.S. Oil Rigs Up 5 Jul 31, 2015 01:06PM

(Updated - July 31, 2015 1:06 PM EDT)

Baker Hughes total U.S. rig count declined 2 to 874. US oil rig count increased 5 to 664.

Oil down 5th week, U.S. crude loses most in July since 2008 Jul 31, 2015 12:35PM

By Barani Krishnan

NEW YORK (Reuters) - Oil prices fell on Friday, with U.S. crude set to post the largest monthly drop since the 2008 financial crisis, after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut.

Uncertainty ahead of key U.S. oil production and rig count data due later in the day also weighed on oil despite a weaker dollar on Friday that normally would be supportive to commodities.

That aside,... (continue reading...)

UPDATE: Natural Gas Inventory 52 bcf vs 55 bcf Expected Jul 30, 2015 10:31AM

(Updated - July 30, 2015 10:31 AM EDT)

Natural Gas Inventory 52 bcf vs 55 bcf Expected


Working gas in storage was 2,880 Bcf as of Friday, July 24, 2015, according to EIA estimates. This represents a net increase of 52 Bcf from the previous week. Stocks were 586 Bcf higher than last year at this time and 85 Bcf above the 5-year average of 2,795 Bcf. In the East Region, stocks were 60 Bcf below the 5-year average following net injections of 42 Bcf. Stocks in the... (continue reading...)

More Commodities

View Older Stories

Jul 30, 2015 07:52AM Qorvo (QRVO) PT Lowered to $80 at Mizuho Securities
Jul 29, 2015 02:00PM Fed says labor market continued to improve, job gains solid
Jul 29, 2015 01:00PM Saudi Arabia to reduce oil production after summer - DJ
Jul 29, 2015 12:57PM Oil jumps from near 6-mth lows after big U.S. stock drawdown
Jul 29, 2015 11:45AM Two Hedge Fund Giants Won't Give up on Gold (GLD) (IAU)
Jul 29, 2015 10:35AM UPDATE: Crude Inventory -4.2M Barrels vs 134K Expected
Jul 28, 2015 04:39PM API Crude Inventory Declines 1.9M Barrels
Jul 28, 2015 11:51AM Crude Set to Hit Six-Months Lows Amid Supply/Demand Imbalance (OIL) (USO)
Jul 28, 2015 08:06AM Gold steady as investors await Fed meeting
Jul 28, 2015 06:41AM Nike (NKE) PT Raised to $128 at Jefferies on Likely Passage of TPP
Jul 28, 2015 06:36AM Oil prices to remain soft in short, medium term: BP CFO
Jul 27, 2015 12:55PM Speculators show global commodities rout still has legs
Jul 27, 2015 08:25AM Gold loses traction, closes in on five-and-a-half-year low
Jul 27, 2015 06:51AM Oil hits four-month low on China rout, supply glut
Jul 24, 2015 03:31PM Hedge funds hold first ever net-short position in gold - Bloomberg (IAU) (GLD)
Jul 24, 2015 01:05PM UPDATE: Baker Hughes Total U.S. Rig Count Increases 19 to 876
Jul 24, 2015 10:28AM Boeing looks at pricey titanium in bid to stem 787 losses
Jul 24, 2015 09:31AM Investors begin 'capitulation' selling of EM, gold, resources: BAML
Jul 24, 2015 07:47AM Metals sink on China, Europe growth concerns as U.S. dollar firms
Jul 23, 2015 02:55PM WTI Crude Prices Slip into Bear-Market Territory (OIL) (USO)
Jul 23, 2015 10:30AM Natural Gas Inventory 61 bcf vs 70 bcf Expected
Jul 23, 2015 07:40AM Bullion dealers trade blame in hunt for 'bear raid' leader
Jul 22, 2015 02:27PM Coal Stocks Active as House Bill to Ease Coal Ash Regulation in Focus (PVA) (ACI)
Jul 22, 2015 02:10PM U.S. emergency oil reserve tempts Congress at the wrong time
Jul 22, 2015 10:33AM UPDATE: Crude Inventory 2.47M Barrels vs -1.45M Expected
Jul 22, 2015 07:36AM OPEC sees oil drop as short-term, expects stronger demand: delegates
Jul 21, 2015 04:42PM API Crude Inventory Inceases 2.3M Barrels
Jul 20, 2015 05:17PM Gold plunges to five-year lows after early Asia rout
Jul 20, 2015 09:01AM Gold hits five-year low under $1,100 on Chinese selling
Jul 20, 2015 07:30AM Oil drops on concerns of glut in refined products
Jul 20, 2015 06:33AM Gold's rapid slide came after surge in Chinese sales
Jul 17, 2015 01:10PM UPDATE: Baker Hughes Total U.S. Rig Count -6 to 857
Jul 17, 2015 10:12AM Gold futures drop to lowest since 2010, falling as much as 1.2% - Bloomberg (GLD) (IAU)
Jul 16, 2015 10:30AM Natural Gas Inventory 99 bcf vs 95 bcf Expected
Jul 16, 2015 09:01AM Russia plans fuel shipments to Syria from Crimea - sources
Jul 16, 2015 06:58AM Oil rises after UK North Sea oilfield outage
Jul 15, 2015 02:01PM Fed Says Most Districts Reported Modest-to-Moderate Growth in June - Beige Book
Jul 15, 2015 10:34AM UPDATE: Crude Inventory -4.35M Barrels vs -1.24M Expected
Jul 15, 2015 08:03AM Oil falls on prospect of higher Iranian exports
Jul 15, 2015 07:03AM China oil demand rises in June, car sales slump may cap growth
Jul 14, 2015 04:36PM API Crude Inventory Declines 7.3M Barrels
Jul 14, 2015 06:29AM Iran to return to oil market with maximum capacity: Shana
Jul 13, 2015 06:38AM OPEC sees more balanced oil market in 2016
Jul 10, 2015 01:09PM Baker Hughes Total U.S. Rig Count +1 to 863
Jul 10, 2015 09:03AM Oil refiners' 'mini golden era' will end soon: IEA
Jul 10, 2015 07:16AM Oil rises on China, Greece but demand worries weigh
Jul 10, 2015 06:59AM Oil Prices Could Fall Further Before Production Growth Slows - IEA (OIL) (USO)
Jul 9, 2015 10:30AM Natural Gas Inventory 91 bcf vs 86 bcf Expected
Jul 9, 2015 06:32AM Oil prices bounce on gasoline demand, economic data
Jul 8, 2015 02:03PM FOMC Saw Conditions Still Approaching Those Warranting Liftoff; Officials Expressed Concern About Greece - June Minutes
View Older Stories