09 Jul 2013 @ 18:00
Albeit the current bias on TXO stock (
LSE:TXO) is bearish, the bias is expected to vanish sooner or later, as the stock resumes a long-term upward journey. This is indeed a buying opportunity of a lifetime! Even, should the stock trend further lower, the movement is going to be transitory, for it would merely give […]
08 Jul 2013 @ 06:29
It may well turn out to be profitable for investors. Shell has announced a successful exploratory well at Vicksburg in the deep-water Gulf of Mexico. The well is located 75 miles (120 kilometers) offshore in the Mississippi Canyon Block 393 in 7,446 feet (2,269 meters) of water. It was drilled to a total depth of […]
04 Jul 2013 @ 23:41
Gulf Keystone (
LSE:GKP) share price rose by 4.75 pence today back to 150.00, an increase of 3.27%. The company is evidencing it’s seriousness regarding its aggressive plans to move from the AIM to the Main Market on the London Exchange and to exploit its Shaikan oil field operations. The company, which has struggled to gain ground […]
04 Jul 2013 @ 21:49
The political unrest in Egypt has made its impact today as benchmark oil prices rose in apprehension of the deadline set by the country’s military on the Arab state’s President Mohammed Morsi to give in to the demands of protesters. In the US, light crude reached a 14-month high to over US$100 a barrel whilst […]
04 Jul 2013 @ 16:32
In the past several months, Leni Gas stock (
LSE:LGO) has been a bear market. The bullish attempts that happened in April and May, 2013, proved to be futile, for it merely happened to be a rally in the context of a downtrend. On the chart, the price went below the EMA 21 last month, and […]
28 Jun 2013 @ 21:33
Pound Sterling – it was a mixed week for the Pound as it began the week down against the US Dollar as it declined to its lowest-level in more than two weeks ahead of the sale of UK government bonds. Against the Euro, Sterling weakened for the first time in three days. On Tuesday it advanced […]
26 Jun 2013 @ 09:41
Bowleven shares (
LSE:BLVN) are what I couldn’t risk my neck on. This is because the shares are not favorable to buyers, except sellers. The shares hit the yearly high in March 2013, testing the distribution territory at 100.00. From that territory, the price dropped seriously and consolidated around the latter part of May 2013. In […]
26 Jun 2013 @ 07:43
Up, up and away for new venture? Air BP, the aviation fuel services division of BP, has signed an agreement with Grupa Lotos to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland. The new joint venture, Lotos – Air BP Polska, will be formed by Air […]
25 Jun 2013 @ 00:07
Early this morning Asda supermarkets announced that they would slash the price of unleaded and diesel by 2 pence per litre beginning Tuesday, 25 June. It appears that Sainsbury’s (
LSE:SBRY), Morrisons (LSE:WM) and Tesco (
LSE:TSCO) will immediately follow suit. What was described as “a flurry of price cuts” is being promoted as big news by the […]
21 Jun 2013 @ 19:53
Pound Sterling – Despite an improving picture emerging for the health of the UK economy, this week was one of declines against the US Dollar. On Monday the Pound was little changed against the Euro and US Dollar due to an industry report showing that home sellers raised their asking prices for a sixth-straight month […]
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