Search Results for: IEA
Australia 200 – Threatening to Return to 5000
October 14th, 2014
Australia 200 for Tuesday, October 14, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
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 ...
As Demand For Oil Drops, Worries Rise For Debt-Heavy Companies
August 14th, 2014
Weak global oil demand is keeping a lid on prices, according to a new report from the International Energy Agency (IEA), and that’s bad news for companies carrying a lot of debt. Oil demand for 2014 will be lower ...
Technical Analysis Gold – Eyes Down on Key $1290 Level
August 12th, 2014
Technical Analysis Gold for Tuesday, August 12, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick which has been followed through a little to start this week as it has ...
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Technical Analysis AUD/USD – Steadies Below Key 0.93 Level
August 12th, 2014
Technical Analysis AUD/USD for Tuesday, August 12, 2014 The Australian dollar is trading in a very small trading range right on top of the support level at 0.9260 after dropping so sharply in to finish out last week from ...
US now world’s biggest oil producer
July 7th, 2014
The US will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America said. US production of crude oil, along ...
Symmetry between prices of gold and crude oil coming apart
June 27th, 2014
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both these commodities had positive correlation, with their prices moving in ...
Brent holds above $113 amid Iraq violence
June 18th, 2014
Brent crude held above $113 per barrel on Wednesday as heavy fighting in Iraq shut the country’s biggest refinery and led to the withdrawal of staff by foreign oil firms, stoking worries about exports from the key oil producer. ...
Age of Gas Seen as Sideshow to U.S. Producers Prizing Oil
April 8th, 2014
The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives. At least based on comments from company officials presenting at the ...
