Search Results for: oil
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 ...
ExxonMobil’s Russian ‘Cooperation’ in Arctic Despite Sanctions
August 12th, 2014
Despite sanctions from the West on Russian oil companies, President Vladimir Putin is praising ExxonMobil as a potential cooperator to begin an oil drill project in the Arctic. “Today, commercial success is driven by efficient international cooperation,” Putin told ...
Kinder Morgan companies to combine into a $71B move
August 11th, 2014
Kinder Morgan, oil and gas pipeline and storage companies, announced its plans of combining Kinder Morgan Inc., Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners will all combine under the Kinder Morgan Inc. umbrella and ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
USD/CAD – Stable as US, Canadian Trade Data Improves
August 6th, 2014
The Canadian dollar is steady on Wednesday, as USD/CAD trades in the mid-1.09 range early in the North American session. In economic news, there was positive news on both sides of the border, as Canadian and US Trade Balance ...
Thai PTTEP starts gas exports from Myanmar’s Zawtika project
August 6th, 2014
Thailand’s state-owned upstream firm PTTEP has started exports of natural gas from the offshore Zawtika project in Myanmar to Thailand on August 5, PTTEP said in a statement Wednesday. The project is currently ramping up production to a rate ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Tesla resolves trademark dispute in China
August 6th, 2014
U.S. electric carmaker Tesla Motors Inc (TSLA.O) said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market. It ...
IREIT Global registers prospectus for IPO on SGX
August 5th, 2014
Investors in Singapore will soon have access to the European real estate market. IREIT Global has registered its prospectus for an initial public offering (IPO) on the SGX mainboard. Under the IPO, IREIT Global is offering almost 168 million ...
Earnings growth in Europe – first time in 3 years
August 4th, 2014
European companies are delivering growth for the first time in three years albeit concerns over Russia which held back markets at the end of last week. Equity strategists at Morgan Stanley and Credit Suisse are somewhat upbeat pointing out ...
