Search Results for: Oil
Two Bank of England Officials in favor of Rate Rise
September 17th, 2014
Two Bank of England policymakers again voted to raise interest rates this month, leaving the central bank divided for a second successive month, but the rest of their colleagues remained firmly against tighter policy. External members Martin Weale and ...
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 ...
Economists can’t tell Scots how to vote
September 17th, 2014
Here is the bad news if you haven’t made up your mind whether to vote for Scotland to become independent – economic analysis cannot give you the answer. That is partly because this dismal science is not capable of ...
Russia considers Rosneft request for help from state fund
September 16th, 2014
Sanctions-hit oil company Rosneft (ROSN.MM) will be able to apply for money from a state wealth fund, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, adding that the government had “on the whole” approved the company’s investment program. Due ...
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 ...
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 ...
More sanctions against Russia from the EU
September 12th, 2014
The European Union tightened economic sanctions against Russia on Friday, in response to the country’s role in the Ukraine crisis, imposing additional restrictions on oil companies and extending asset freezes and travel bans to 24 more individuals. The measures, ...
Oscar Pistorius guilty of ‘culpable homicide’
September 12th, 2014
South African judge on Friday convicted athlete Oscar Pistorius of “culpable homicide” in the death of his girlfriend, Reeva Steenkamp. A conviction of culpable homicide, the term for manslaughter in South Africa, carries a maximum 15-year prison sentence. Pistorius ...
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 ...
