Search Results for: oil
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 ...
How to spread the risk of energy investing for income
October 2nd, 2014
As the world continues to recover from the recession of 2008-09, those who depend on their investments for income have faced a challenge. Central banks in all of the major developed nations responded to the financial crisis and the ...
Natural Gas Causing ‘Detour’ on Road to Cleaner Fuel
October 2nd, 2014
Natural gas is often promoted as a cleaner alternative to gasoline — a kind of “bridge fuel” between emission-heavy energy sources and zero-emission renewables like solar and wind. But a new study casts doubt on the benefits of natural ...
Thursday October 2: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 Gold Wide swing for Gold on Wednesday with an attempt to get above the $1220 resistance level. Support below holding just above $1200 while Gold consolidates and grinds it out while ...
Asia down as Ebola scare hits Wall St., dollar rally on pause
October 2nd, 2014
Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. The gloom ...
Wednesday October 1: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 Gold testing the $1200 area making lows at $1204 on Tuesday and finding support in this area for now. US Dollar strength weighing against the precious metal. Resistance above at $1215-20 ...
Tuesday September 30: OSB Daily Technical Analysis- Commodities
September 30th, 2014
OSB Daily Technical Analysis for September 30, 2014 Gold consolidation at the $1215 area where it is forming a base. Likely to trade within a tight range $1215-$1225 while it looks for further direction. Somewhat downside biased at the moment. ...
Russian Energy Influence on Europe
September 30th, 2014
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but also to define its long-term energy goals. Most East European ...
Monday September 29: OSB Daily Technical Analysis- Commodities
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 Gold intraday bounce back on Friday with a test of the $1230 level. Market appears to forming a bottom at the $1215 level. Some range bound action likely at these levels. Silver Positive ...