Search Results for: Gas
Thursday December 11: OSB Daily Technical Analysis – Commodities
December 11th, 2014
OSB Daily Technical Analysis for December 11, 2014 Gold attempt to push higher faltered as it approached the $1240 resistance area selling off in the $1220 area. Price action suggests upside momentum build-up with an effort to go ...
Technical Analysis: Currency pairs – Dec 11
December 11th, 2014
Technical Analysis for December 11, 2014 EUR/USD keeps moving higher threatening the bear trend. Currently EUR/USD traded around 1.249 level and keeps moving higher. A break of 1.25 will eventually target 1.26 next and a down movement to 1.245 ...
Wounded OPEC to feel more pain next year
December 10th, 2014
A price war has slashed the price of oil by more than 40% in six months and put U.S. gas on the path to $2 a gallon. And on Wednesday, OPEC cut its forecast for 2015 world demand growth by 6%. It blamed ...
Rolls-Royce Initiates Share Buyback Programme – Quick Facts
December 10th, 2014
Rolls-Royce Holdings plc (RYCEF.PK,RR.L,RYCEY.PK) announced that it has put in place a programme to enable the purchase of its ordinary shares. The first 250 million pounds tranche will be a non-discretionary programme and is irrevocable, when the company is ...
Wednesday December 10: OSB Daily Technical Analysis – Commodities
December 10th, 2014
OSB Daily Technical Analysis for December 10, 2014 Gold rallied on the day breaking through the $1200 with ease making a test of resistance at the $1240 area. A close above this level and more importantly $1250 resistance extends ...
Tuesday December 9: OSB Daily Technical Analysis – Commodities
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 Positive day for gold which managed to back above the 20 DMA and push over the $1200 hurdle. Despite upswing gold failed to remain above on the close suggesting that area ...
Crude Oil’s Fall Pressures Energy Megaprojects
December 9th, 2014
Energy development projects that looked great earlier this year are looking less so now. Tumbling oil prices hit a fresh five-year low on Monday, pressuring some of the world’s biggest energy companies to reconsider multibillion-dollar expenditures. The biggest worries: ...
Monday December 8: OSB Daily Technical Analysis – Commodities
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 Gold sold off yet again on Friday breaking below the $1200 level and the 20 and 50 DMA’s. The area remains volatile with gold likely to trade in the general vicinity ...
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
Friday December 5: OSB Daily Technical Analysis – Commodities
December 5th, 2014
OSB Daily Technical Analysis for December 5, 2014 Gold traded within a tight range on Thursday consolidating recent price action and remaining above the $1200 mark throughout the day. Shorter term Gold appears to be in a tight range ...
