Commodities

Sirius Petroleum stock (LSE:SRSP) would soon spike upwards, though it cannot be said exactly when that would happen. The price would soon find a floor somewhere around the support levels at 0.20 and 0.25; and then spike upwards/rally massively. The price has been testing the lower Trendline – it could even go below it. Likewise, […]

Lonmin shares (LSE:LMI) are supposed to continue going further and further south, given the current price action and the dominant bias in the market. What is happening right now is a good opportunity to go short again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color […]

Plans for balanced cash flows by 2017 at around $60 per barrel and growth in sustainable free cash flow beyond- Supports sustaining the dividend and growing distributions over the long-term BP today reported results for the third quarter of 2015 and set out a medium-term financial frame to balance cash flows by 2017 at around […]

High Grade Potential of Bolnisi Project Continues to be Reiterated through Development Work Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided a positive update on resource development work currently underway at the 861 km2 Bolnisi Project which is located in the Republic of Georgia. Highlights · The […]

Board Appointment African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, has announced the appointment of Rt Hon Mark Simmonds as a Director of the Company with effect from 10 November 2015. Mr Simmonds has significant experience working in Africa and brings with […]

USD 7 billion Net Mean Un-risked NPV10 for Offshore Ireland Prospects Europa Oil & Gas, the AIM quoted oil and gas company with both producing and exploration assets in Europe, is pleased to announce that an independent assessment undertaken by ERC Equipoise estimates a mean Un-risked Net Present Value of approximately US$7 billion to a […]

Framework agreement signed during state visit to UK In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair traded in a tight range from Monday to Wednesday and then broke out southwards on Thursday. The southward break was strong enough to cause a new bearish outlook on EURUSD (plus most other EUR pairs), which would continue for the rest of […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 15 “If you like reading biographies on successful people like I do, you’ll notice that they all share one driving force. That force drove each of them forward to overcome the obstacles that threatened to stop them in their tracks.” – Louise Bedford Name: Whitney Tilson […]

Update on Wressle Discovery, Onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with producing and exploration assets in Europe, has issued an update from Egdon Resources regarding the decision to proceed with the development of the Wressle oil and gas discovery on Licence PEDL180, with first oil anticipated […]