Search Results for: Gas
Shares rise on ‘No’ vote as pound rally fades
September 19th, 2014
The pound has hit a two-year high against the euro and a two-week high against the US dollar, as Scotland voted against independence. The pound also jumped nearly 0.8% to $1.6525 against the US dollar, before falling back slightly. ...
OSB Daily Technical Analysis- Commodities
September 19th, 2014
OSB Daily Technical Analysis for September 19, 2014 Gold December 14 Gold fell below $1220 intraday and managed to close above for the day. Action suggests that the downward move might be preparing to take a pause at least for ...
OSB Daily Technical Analysis- Commodities
September 18th, 2014
OSB Daily Technical Analysis for September 18, 2014 Gold Wide swing in the Dec14 Gold contract as bulls and bears fought it out. $1240 level is now resistance and support at the $1220 area. Gold is now below it recent ...
OSB Daily Technical Analysis – Commodities
September 17th, 2014
OSB Daily Technical Analysis for September 17, 2014 Gold Push higher for Gold with a test of the $1240 resistance level. Gold likely to consolidate at these levels and needs to push above current resistance if it is going ...
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 ...
Senior BNP Paribas energy traders quit; bank denies downsizing
September 16th, 2014
Two senior BNP Paribas energy traders in New York have left, but the Paris-based bank said on Monday it was not downsizing its U.S. commodity and energy businesses. Keith Shoemaker, managing director of North American natural gas trading, and ...
Sinopec to sell $17.4 billion stake to investors
September 15th, 2014
Shares in China Petroleum & Chemical Corporation, known as Sinopec, fell on Monday morning as markets reacted to the company’s plans to raise $17.4 billion by selling a stake in its nationwide chain of gas stations to outside investors. ...
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 ...
Scottish tax: Can meltdown be avoided?
September 12th, 2014
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...