Search Results for: oil
Tuesday October 28: OSB Daily Technical Analysis- Commodities
October 28th, 2014
OSB Daily Technical Analysis for October 28, 2014 Gold sold off on Monday but managed to remain above the key $1220 mark. The metal is at a key juncture and possible close below indicates where Gold might be heading ...
Monday October 27: OSB Daily Technical Analysis- Commodities
October 27th, 2014
OSB Daily Technical Analysis for October 27, 2014 Gold closed essentially unchanged on Friday hovering around the $1230 level throughout the trading session. Market remains bearish and close in the $1220-25 region suggests Gold is likely to retest the ...
Markets in UAE, Qatar edge up
October 27th, 2014
Bourses in the United Arab Emirates and Qatar rose in early trade on Sunday on the back of a supportive global background and positive domestic news flow. US stocks were up on Friday after strong results from Microsoft and ...
Asian cooperation hanging on a handshake
October 27th, 2014
The APEC summit is just over a week away and all stops are out in Beijing to make it an economic and diplomatic triumph, despite the huge underlying challenges in managing China’s relations with the region. The primary goals ...
Gas prices drop 18 cents in 2 weeks
October 27th, 2014
Price to fill up the tank has dropped 65 cents a gallon since May and is 29 cents cheaper than a year ago. A national survey of gas prices reports that the average cost of U.S. regular grade gas ...
Fed to stress-test banks with housing scenarios
October 24th, 2014
The Federal Reserve said it will scrutinize how 31 large U.S. banks, including JPMorgan Chase & Co. and Citigroup Inc., would respond to a plunge in equity and housing prices and a sharp downturn in the global economy. The ...
Falling Coal Prices Wreaking Havoc With Corporate Balance Sheets
October 24th, 2014
The slide in oil prices has raised speculation that oil companies in the U.S. could be forced to cut back on production, but a market slump in another commodity is also putting pressure on producers. Coal markets are currently ...
Friday October 24: OSB Daily Technical Analysis- Commodities
October 24th, 2014
OSB Daily Technical Analysis for October 24, 2014 Gold sold off after attempting to rally above the $1250 mark which proved too resistive for now. The sell-off brings gold to the $1225-30 area which is somewhat supportive for now. ...
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
Russia Opens Criminal Probe Into Plane Crash Death Of Total CEO
October 23rd, 2014
Russia’s chief investigative panel has opened a criminal probe into the Oct. 20 accident at Moscow’s Vnukovo International Airport that killed Christophe de Margerie, the CEO of the French multinational oil company Total, saying the field’s management was negligent ...