Again: Oil Is Down Due To The Crisis In Greece World oil prices dropped on Wednesday (Thursday morning EDT), because traders consider in depth Greece debt crisis and an increase in supplies of crude oil to surprise us...
Morgan Stanley Exits Oil Falling prices have impacted heavily on investments in the commodities markets. Many companies are now steering well clear of commodities on the whole...
Oil prices stabilized on Thursday after a sharp drop in the previous session as data showed an unexpected increase in U.S. oil stockpiles last week due to increased production...
World oil prices traded flat on Friday (Saturday morning GMT) in a market that is still without a signal request or offer strong but reasonably suspenseful Greece debt talks and negotiations Iran nuclear program in Vienna...
US DOLLAR TECHNICAL ANALYSIS - Prices moved higher as expected after producing a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci expansion at 11888 exposes the 50% level at 11937...
On Wednesday crude-oil futures were higher, supported by dipping U.S. inventories and hopes for a Greek bailout deal...
On Monday oil prices were higher on speculation that Eurozone leaders and Greece will finally achieve a deal to prevent the cash-strapped country from bankruptcy...
Pertamina, local govts to get 70% stake in gas-rich Mahakam The government had decided that state oil and gas company Pertamina and local governments will control a 70 percent stake in Mahakam Block in East Kalimantan, according to Energy and Mineral Resources Minister Sudirman Said...
Plenty of oil supply from OPEC countries diproyeksi would flood the market again andwill likely make oil prices weakened again, according to Nick Cunningham at energyobserver OilPrice.com...
West Texas Intermediate oil futures edged higher on Wednesday, amid speculation weekly supply data due later in the session will show U.S. crude inventories fell at a faster pace than expected last week...
The country’s Capital Markets Authority finalized the rules for direct foreign investment in early May, although plans had been in the works for quite some time...
US DOLLAR TECHNICAL ANALYSIS Prices declined to a three-week low after breaking range support. A daily close below the 61.8% Fibonacci retracement at 11790 exposes the 76.4% level at 11731...
"A lot of the FX market is blindly following the oil price, not least because a year ago the price was USD 94 and the forecast for Q2 2015 was for little change," SocGen argues...
According to the latest report from the International Energy Agency (IEA), in May the supply of oil from the Organization of Petroleum Exporting Countries reached its highest level since August 2012...
US DOLLAR TECHNICAL ANALYSIS Prices are consolidating in choppy range after opening June at a seven-week high. A daily close below the 38.2% Fibonacci retracement at 11887 exposes the 50% level at 11839...
Oil prices edged higher on Tuesday, as a weaker greenback lent support to commodities, and as investors awaited inventory data due later in the day. More oil data is expected on Wednesday and on Thursday...
According to analysts, soft global economic growth and oil surplus will limit oil prices at around $60 for the rest of this year...
US DOLLAR TECHNICAL ANALYSIS Prices turned sharply lower, producing the largest decline in close to three months. A daily close below the 23.6% Fibonacci retracement at 11918 exposes the 38.2% level at 11841. S&P 500 TECHNICAL ANALYSIS Prices remain in consolidation mode...
US DOLLAR TECHNICAL ANALYSIS Prices resumed its advance, touching the highest level in six weeks. Near-term resistance is at 12037, the 76.4% Fibonacci retracement, with a break above that on a daily closing basis exposing the March 13 high at 12149...
