Search Results for: oil
Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.
September 9th, 2014
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...
EU to adopt new Russia sanctions soon
September 8th, 2014
The EU says new sanctions against Russia should be adopted shortly and take effect on Tuesday, despite a Kremlin warning of retaliation. But an EU spokeswoman said the sanctions would be “reversible”, depending on the situation in Ukraine. Pro-Russian ...
Ex-U.S. Envoy Khalilzad Money-Laundering Probe Leads to Austria
September 8th, 2014
A U.S. probe into alleged money laundering by Zalmay Khalilzad has led Austrian authorities to freeze a Vienna bank account linked to the former presidential envoy to Afghanistan. Khalilzad, who served as U.S. ambassador to Afghanistan and Iraq, allegedly ...
As cocoa price soars, chocolate makers devour substitutes
September 8th, 2014
Chocolate makers in the fast-growing Asian market are replacing a bigger proportion of cocoa butter, which gives confectionery its melt-in-the-mouth texture, with cheaper palm oil-based alternatives. The move will help confectioners keep down prices in the price-sensitive region where ...
Doubts return at SandRidge a year after CEO ousted by investors
September 8th, 2014
In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value. The oil and gas producer’s shares ...
OSB Daily Technical Analysis – Commodities
September 8th, 2014
OSB Daily Technical Analysis for September 8, 2014 Gold The December 2014 Gold contract continued trading within its range on Friday with a brief drop below the $1260 handle closing at $1267.30. Bearish with very little going on in ...
As Brazil Vote Nears, Testimony Ties Top Political Figures to Corruption Scandal
September 8th, 2014
As Brazilians prepare to vote in a national election next month, a scandal involving the state-controlled oil giant Petrobras flared up again this weekend over testimony that implicated dozens of top figures in President Dilma Rousseff’s governing coalition in ...
BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
September 5th, 2014
A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in ...
OSB Daily Technical Analysis – Commodities
September 5th, 2014
OSB Daily Technical Analysis for September 5, 2014 Gold attempted to move higher on Thursday but got stuck in its tracks as the dollar strengthened with the correlation being too strong to ignore. Gold is looking weak and likely ...
No Matter the Outcome, Scottish Vote Will Shake U.K.
September 5th, 2014
Until this week, almost nobody outside Scotland took very seriously the possibility that Europe’s most stable and durable nation, the only big country on earth not to have suffered invasion, revolution or civil war at any time in the ...
