Search Results for: crude
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
OSB Daily Technical Analysis- Commodities
September 16th, 2014
OSB Daily Technical Analysis for September 16, 2014 Gold A pause to the gold sell off on Monday after breaking below the $1230 level and bouncing back to close at $1235. Bearish with some bouncing around in the next ...
Oil hits new 26 month low on China concerns
September 16th, 2014
The price of a barrel of oil slipped to a 26-month low during trading yesterday, hit by signs of a slowdown in China and despite the impact of new sanctions on Russia. Brent crude, the global oil benchmark, saw ...
Commodities Continue to Suffer Before Fed Decision
September 15th, 2014
Major commodity markets, many already trading near multi-year lows, could face more pressure should the US Federal Reserve suggest an interest rate rise this week. Precious metals may be the most susceptible, as gold prices in recent days have ...
West TX Oil Drops to $91.30 after Russia Sanctions
September 15th, 2014
Brent crude slumped to a more than two-year low under $97 per barrel on Monday as a slew of lackluster economic data from China, the world’s top energy consumer, cast a shadow on the outlook for oil demand amid ...
OSB Daily Technical Analysis – Commodities
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 Gold December 14 Gold dipped below $1230 on Friday only to turn back and close just above. Gold is bearish and all signs suggest lower prices and increased volatility as we ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
Russian Oil Exploration Could Be Next on West’s Hit List
September 11th, 2014
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world’s largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government sources said. The planned sanctions over Russia’s ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
