Search Results for: Oil
Wednesday October 8: OSB Daily Technical Analysis- Commodities
October 8th, 2014
OSB Daily Technical Analysis for October 8, 2014 Gold managed to edge higher on Tuesday with an attempt to distance itself from key support area at $1200. Resistance at $1220. Gold likely to bounce higher as it looks for ...
Will there be a China–US deal on climate change?
October 8th, 2014
For many years China and the United States have faced off over climate change. Now, climate change action is one of the few things the two powers can agree on. A new view on the benefits of climate action ...
Central Asia Rues Dependency On Russian Fuel
October 7th, 2014
Weak links in Russia’s petroleum-refinery network and the Kremlin’s power play in Ukraine are shortchanging Central Asian petrol markets, importers complain. With alternatives expensive or unfeasible, and regional refining capacity severely limited, local energy executives are ruing Moscow’s traditional ...
Tuesday October 7: OSB Daily Technical Analysis- Commodities
October 7th, 2014
OSB Daily Technical Analysis for October 7, 2014 Gold rallied back above $1200 after making a low of 1183 intraday. Significant support appears at the $1190 and at $1200. Pair likely to grind it out at this level. Bearish. ...
Brent falls below $92 on strong dollar, surplus supply
October 6th, 2014
Brent crude futures fell but held above $92 a barrel on Monday, extending this year’s rout that saw the international benchmark hit a 27-month low in the previous session due to a strong US dollar and ample oil supply. ...
Japanese stocks, dollar shine on upbeat U.S. jobs
October 6th, 2014
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...
Monday October 6: OSB Daily Technical Analysis- Commodities
October 6th, 2014
OSB Daily Technical Analysis for October 6, 2014 Gold slashed through $1200 on Friday closing at 1191.40. This opens up the Gold market for a possible move to $1275 in the near term. Some bounce around and retest of ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
BP asks judge to reconsider ‘gross negligence’ ruling
October 3rd, 2014
BP Plc (BP.L) on Thursday asked a U.S. court to reconsider a September ruling that found the company “grossly negligent” for the 2010 oil spill in the Gulf of Mexico, a finding that boosted its potential liabilities by about ...
Friday October 3: OSB Daily Technical Analysis-Commodities
October 3rd, 2014
OSB Daily Technical Analysis for October 3, 2014 Gold continued to consolidate above the $1200 level yesterday with a push above the $1220 area. Bearish bias remains in Gold which is likely to grind it out at these levels ...
