Search Results for: oil
Russia’s Rosneft takes EU to court over sanctions
October 20th, 2014
Russian oil giant Rosneft and a close associate of President Vladimir Putin are fighting the EU in court over sanctions imposed on some of Russia’s biggest companies, an official website indicated Friday. A Russian billionaire, Arkady Rotenberg, who is ...
Monday October 20: OSB Daily Technical Analysis- Commodities
October 20th, 2014
OSB Daily Technical Analysis for October 20, 2014 Gold closed essentially unchanged after testing resistance at the $1240 area on Friday which proved to be too strong to hold above. This suggests gold is likely to consolidate at this ...
The future of the Shanghai Cooperation Organisation
October 17th, 2014
China recently reaffirmed that it backs India and Pakistan becoming members of the Shanghai Cooperation Organisation (SCO). At the 14th meeting of the Council of Heads of States of SCO on 12 September, Chinese President Xi Jinping called for ...
Friday October 17: OSB Daily Technical Analysis- Commodities
October 17th, 2014
OSB Daily Technical Analysis for October 17, 2014 Gold declined on Thursday finding support at the $1235 area. Gold is looking to go higher and a close above $1250 suggests upswing has legs and is possibly heading to the ...
Asia stocks halt selling as U.S. data calm investor nerves
October 17th, 2014
Asian stocks clawed back some of this week’s losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI’s broadest index ...
India May Become World’s Largest Coal Importer
October 17th, 2014
India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India Ltd (CIL), according to data by online trader mjunction. India’s ...
UK blocks €5bn Russian North Sea deal
October 16th, 2014
The UK has blocked a €5bn deal by Russian billionaire Mikhail Fridman to acquire gas fields in the North Sea, as even private Russian companies with no connection to Russian president Vladimir Putin’s inner circle fall victim to the ...
Steep Sell-Off Spreads Fear to Wall Street
October 16th, 2014
Dizzied by the turmoil, Wall Street experts agreed on one thing: The jarring day showed that fear had finally returned to markets that had become disconcertingly complacent. Waves of nervous selling buffeted the stock market in the United States ...
Central bankers may have no quick fix as markets swoon, economy weakens
October 16th, 2014
Global central bankers, eager to see the economy stand on its own feet, faced the rude reality this week of market turmoil threatening already faltering growth and prolonging world reliance on easy money. Stocks slumped again on Wednesday pushing ...
Thursday October 16: OSB Daily Technical Analysis- Commodities
October 16th, 2014
OSB Daily Technical Analysis for October 16, 2014 Gold break out above $1240 on Wednesday finding resistance at $1250. Gold is likely to attempt a rally from here possibly to the $1275 level in the medium term. Higher volatility ...
