Search Results for: Oil price
OSB Daily Technical Analysis – Commodities
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...
Junior Mining Companies Looking for Financial Lifeboats
September 9th, 2014
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in the mining industry. As a result, mining companies have sought ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
OSB Daily Technical Analysis – Commodities
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 Gold Sellers dominated trading in Gold on Monday with the December 14 contract closing at 1254.30. The next support is at the 1250 level which is somewhat significant. Recent weakness suggests ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
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 ...
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 ...
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 ...
Halliburton Agrees To Pay $1.1 Billion To Avoid Future Claims
September 4th, 2014
Halliburton Co. has reached a settlement in U.S. District Court in New Orleans to pay $1.1 billion to resolve most of the claims against it arising from the Deepwater Horizon oil spill in the Gulf of Mexico in a ...
OSB Daily Technical Analysis – Commodities
September 4th, 2014
OSB Daily Technical Analysis for September 4, 2014 Gold traded in the 1260 area on Wednesday ending the day on a positive note after the previous days large losses. A move above 1275 and back within the recent range ...