Energy markets climb, natural gas falls

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Source: Dukascopy Bank
Energy markets, excluding natural gas, climbed on Monday ahead of key economic data from China due on Tuesday. Tensions in Iran and Syria continued to support energy prices. At the same time, natural gas futures tumbled to 28-month low on Monday on the mild weather forecasts in the US. Additional pressure on the natural gas prices was created by the EIA that expects the US gas inventory to attain all times high in the end of October, 2012.


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Tue, 17 Jan 2012 16:41:52 GMT

Energy

Energy markets, excluding natural gas, climbed on Monday ahead of key economic data from China due on Tuesday. Tensions in Iran and Syria continued to support energy prices. At the same time, natural gas futures tumbled to 28-month low on Monday on the mild weather forecasts in the US. Additional pressure on the natural gas prices was created by the

Tue, 17 Jan 2012 16:41:21 GMT

Industrial metals edged higher on Monday

Industrial metals, excluding nickel, erased Friday's losses as ongoing decrease of LME inventory level creates a positive foundation for growth in metals' price. On Tuesday copper opened on a positive note as faster than expected economic growth in China eased concerns over potential demand for base metals. Weaker US Dollar after China's data also contributed to copper's gains. However, economists

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