Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back






The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1260 is ranged within 1245-70. It has Key support at 1245. If that holds, see a rise to 1270. As Gold is overbought near term, am not confident about the sustainability beyond 1270ish. But, in case the support […]






Should You Invest In Transocean?

Should You Invest In Transocean?






Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened on continuing weakness seen in the USD at 93.22.PE Gold at 1260 due to fresh weakness in .DXY at 93.22). The trading range for Gold is 1258-1270. Gold is overbought near term time, and am not confident about thits […]






Woodside Petroleum Changing The Liquefied Natural Gas Market

Woodside Petroleum Changing The Liquefied Natural Gas Market






An Australian-built trading platform that aims to disrupt the way the world’s $200 billion liquefied natural gas market transacts is to go live within a matter of weeks, with Woodside Petroleum set to be among the first to sell cargoes through the system. Perth-based GLX, which is chaired by former Woodside and Beach Energy executive […]






Exxon Mobil Corporation (NYSE:XOM) HEFFX Highlights

Exxon Mobil Corporation (NYSE:XOM) HEFFX Highlights






Exxon Mobil Corporation (NYSE:XOM) HEFFX Highlights Exxon Mobil Corp. today announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 MMboe. These positive well results increase the estimated gross recoverable resource for the Stabroek Block to between 2.25 Bboe and 2.75 Bboe. The well was […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1247 is ranged within 1245-58. It has major support at 1245. If it holds, see a rise towards 1258 and 1270. If support at […]






Abilene Oil and Gas Ltd (ASX:ABL) HEFFX Highlights

Abilene Oil and Gas Ltd (ASX:ABL) HEFFX Highlights






Abilene Oil and Gas Ltd (ASX:ABL) HEFFX Highlights A technical indicator to check out is the Williams Percent Range or Williams %R. Currently, Abilene Oil and Gas Ltd (ABL.AX)’s Williams Percent Range or 14 day Williams %R is calculated at 0.00. The Williams %R can be an effective momentum indicator to help measure overbought/oversold levels. […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Silver have strengthened as no sign of recovery had been seen in the USD at 93.80.PE Gold at 1254, and Silver at 16.46 are hanging around their Key resistances at 1260 and 16.50. Gold looks overbought in here, and its trading […]






Travel Review: Azerbaijan Calls 

Travel Review: Azerbaijan Calls 






Travel Review: Azerbaijan Calls The ‘Fire Country’ has an eclectic mix of historical attractions set alongside new-world wonders to satisfy the taste of any visitor If mud-spouting volcanoes and a mountain fire that’s been burning ceaselessly for the last 4,000 years are things you want to tick off your travel bucket list, Azerbaijan is the […]






Oil Price Outlook

Oil Price Outlook






The oil market is making steady and significant progress towards rebalancing, said the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) in a statement following its 4th meeting in St. Petersburg, Russia, on Monday. This assertion was based on the report of the Joint OPEC-Non-OPEC Technical Committee (JTC) for the month of June 2017, which reviewed the […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: OPEC meeting in Moscow now. PE Ahead of the OPEC meet in Russia today, both Brent Crude at 48.21, and WTI Crude Oil at 45.86 have corrected sharply, and tested their respective supports of 48 and 46. The Northside chances remain open […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1245, and Silver at 16.33 are hanging around 2nd major resistances at 1246 and 16.50. A clear break above 1245 is necessary for Gold to remain Bullish to 1260 near term, or a fall below 1230 could take […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Gold at 1238, and Silver at 16.21 are trading above their Key support at 1231 and […]






Stocks Rose Across the Board, as Trump Rally Extends

Stocks Rose Across the Board, as Trump Rally Extends






Stocks Rose Across the Board, as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX US Stocks rose Wednesday on earnings strength, with the S&P 500 Index and NAS Comp posting records for a 2nd day running. Every S&P 500 sector was higher, with energy stocks and materials companies leading the charge. The energy sector was underpinned […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold, High Caution warranted in here.PE Note: Bullion strengthened Vs USD Tuesday. Gold at 1240, and Silver at 16.24 are trading above […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.56 has impacted positively across all the commodities. Note: the USD is highly oversold.PE Gold at 1233 broke its major resistance of 1232 and opened up 1245. The recent sideways range for Gold could […]






Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold






Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The weakness in the US Dollar (.DXY) Index at 94.95 has impacted positively across all the commodities PE Gold at 1231 broke its recent short term down trend channel and is hanging around its major resistance of 1232. A close above that could open […]






Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum

Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum






Total SA (ADR) (NYSE:TOT) To Sign Deal With China Petroleum Iran plans Monday to sign a formal contract with Total SA and China National Petroleum Corp. to develop its share of the world’s biggest natural-gas field – the first investment in the country by an international energy company since sanctions were eased last year. Total […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: In the bigger picture, market is continuously ignoring the shortage (-7.3, -3.2 and -6.3-M bbl) in US weekly Crude Oil inventories for last 3 weeks. PE Gold 1221, and Silver 15.92 are trading marginally higher to keep the upside possibilities open. The recent […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1218, and Silver at 15.89) are ranged within 1188-1231 and 15.20-16.10 respectively. Will remain Bearish Bullion while they are trading below 1250 and 16.50. See a bounce towards their resistances can be seen due to near term […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold/WTI Ratio at 27.31 found support at 26, and could move towards 28.5-29 by the end of this week.PE Gold at 1211, and Silver at 15.55 are trading within ranges of 1188-1231 and 15.20-16.10. Will remain Bearish Bullion while they are trading […]






Its Summer, Protect Yourselves from Poison Ivy

Its Summer, Protect Yourselves from Poison Ivy






Its Summer, Protect Yourselves from Poison Ivy Poison ivy, oak and sumac are closely related plants, and may be found growing in similar environments in the US. In fact, all 3 grow throughout the country. except Hawaii, Alaska and parts of Nevada. Poison ivy is found throughout the US, Poison sumac is distributed mostly on […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1219 is short term oversold and needs a pause before attempting sub 1190 marks. It is hanging around 1120 near term area of support and a pause in the range of 12320-1245 can provide the necessary Bearish momentum. […]






Oil Price Tanks

Oil Price Tanks






Oil Price Tanks The international benchmark Brent crude was trading 2.5 percent down, at $46.91 per barrel at 11:40 GMT. US West Texas Intermediate (WTI) crude futures dropped 2.6 percent, to $44.33 per barrel. Prices for crude have dropped more than 2 percent on Friday as official data revealed that US drillers boosted production by […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Note:  Markets are now awaiting US NFPs (non-farm payrolls) for June out this am. for more insight into Fed policy and the future path of USD. Gold at 1219 is oversold and needs a pause to refresh before attempting lower […]






Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices

Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices






Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices The price of Crude Oil has remain volatile in recent months, even as the supply glut continues amidst stagnating demand. Although the Organisation of Petroleum Exporting Countries (OPEC) along with other major Crude Oil producers agreed to maintain output cuts until early next year, […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1223 is ranged within 1190-1230 and Silver at 16.00 is ranged within 15.80-16.50. So, remain Bearish bullion while Gold and Silver are trading below 1250 and 16.50 marks. Now await the US NFPs for June, due early Friday […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1222 is trading within the range of 1190-1230 and Silver at 16.16 is within 15.80-16.50. Recall, that on 27 June, I said, “1233 for Gold and 16.45 for Silver fail to hold for the week then gradual selling […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1237 is oversold and needs a pause before attempting lower marks, the support is at 1230, a clear break below 1230 is needed before the lower levels of 1193 can be seen. A pause in the range of […]






UAE Energy Minister, “No talk about further OPEC supply cuts”

UAE Energy Minister, “No talk about further OPEC supply cuts”






UAE Energy Minister, “No talk about further OPEC supply cuts” $OIL OPEC and allied non-OPEC producers agreed on 25 May to extend an existing supply curb into Y 2018 There is no talk of further Crude Oil output cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies despite only a slow […]






President Trump Champions US Energy Dominance

President Trump Champions US Energy Dominance






President Trump Champions US Energy Dominance $USO, $UNG, $SRE Thursday, The Trump Administration said Thursday it is taking steps to expand Crude Oil drilling in the Arctic and Atlantic oceans as President Donald Trump continues to push for US “energy dominance” in the global market. The Interior Department is rewriting a 5-year drilling plan established […]






Industrials Led the Charge into the Close of Q-2

Industrials Led the Charge into the Close of Q-2






Industrials Led the Charge into the Close of Q-2 $DIA, $SPY, $QQQ, $VXX Friday, US stocks closed up driven by increases in the industrial and consumer discretionary sectors, while European shares reversed earlier gains and turned lower. Crude Oil continued to climb as concerns about an oversupply faded a bit and the US rig count […]






See WTI Crude Oil Price Falling to $30 bbl or Lower

See WTI Crude Oil Price Falling to $30 bbl or Lower






See WTI Crude Oil Price Falling to $30 bbl or Lower $USO, $OIL Experts, including me are warning that Crude Oil prices might continue to decline, and could revisit Y 2016 lows and then some. “Oil is in a downtrend and risks trending into the 30’s,” said a technical strategist at Bank of America Merrill […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1245, and Silver at 16.60 ranged within 1233-1248 and 16.30-17.10 respectively. If 95 support holds for US Dollar (.DXY) Index at 95.25 then it could bounce to 97, limiting Northside for Gold.  So, Gold and Silver may […]






Crude Oil Breaks Key Support, Marks 7 Month Lows

Crude Oil Breaks Key Support, Marks 7 Month Lows






Crude Oil Breaks Key Support, Marks 7 Month Lows $OIL, $USO Crude Oil fell about 2% Tuesday, with Brent Crude settling at 7 month lows and WTI Crude Oil at its cheapest marks since September, after increased supply from several Key producers topped high compliance by OPEC and non-OPEC Oil producers with a deal to […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is trading weak against the USD in here. PE Gold at 1246 is trading above immediate support at 1245. A break below 1245 is necessary to turn Bearish towards 1231 near term, a bounce could take towards 1262. Gold is oversold near […]






Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating






Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1255 is trading at lower and may test the support at 1245. As The US Dollar (.DXY) Index moves towards 98.30, the Bullish momentum is fading. Should there be a clear break below 1245 in here, we […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new to add as the market is waiting for Wednesday’s FOMC  policy directive. PE Gold at 1264 is in a slow corrective move which could see 1242, if that support holds, a bounce to 1307 cannot be ruled out. Silver at 16.88 […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1266 is in a corrective move which may see 1242, if the support holds, a bounce towards 1307 cannot be ruled out. Silver at 17.14 is weakening too, and may see 16.90 in here. See less volatility […]






UAE Bans All Expression of Sympathy Towards Qatar

UAE Bans All Expression of Sympathy Towards Qatar






UAE Bans All Expression of Sympathy Towards Qatar Abu Dhabi Petroleum Ports Authority has re-imposed a ban on Oil tankers linked to Qatar Bahrain demands that Qatar distance itself from Iran Saudi and its allies add people, groups with Qatar links to terrorism lists Qatar vows no surrender in Gulf crisis as US, Kuwait seek […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is suffering from the strengthened USD. PE Gold at 127.19 is hurt by USD at 97.30 and broke below my support at 1275, bringing 1247 to the Southside into focus. Silver at 17.29 weakened after failing to hold above 17.50-60 as expected […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is overbought and need a pause to refresh before it’s next leg up, it is doing that now. PE Gold at 1284, may retest support at 1275. The Bullish momentum remains intact, but Southside action cannot be fully dismissed. In case a […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold is overbought and need a pause to refresh before it’s next leg up. PE Gold at 1294 is overbought and needs a pause before attempting higher marks, 1297 was marked Tuesday. Now a break above 1300 is needed before 1350-68 can be […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Am doubtful about the sustainability of Gold, sans a deeper decline in USD.PE Gold at 1284, the max Northside seen in here is 1300, if Gold cannot hold its ground above 1275 then it could fall towards Key support at 1245-49, which […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1281 closed on the high of the day and may test the resistance zone of 1292-1300 this week if the Bullish momentum continues, though the chances of Southside action cannot be negated due to the overbought condition. In […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1262.97 is struggling near resistance at 1275-85, but the Bears need a break below 1255-50 to confirm a decline towards 1230. Silver at 17.20 resolved the contraction phase to the Southside, but the support of 17.00 is holding […]






The Middle East, Oil and the Future

The Middle East, Oil and the Future






The Middle East, Oil and the Future “The Economies of the GCC States in the Post-Oil Era: Horizons and Solutions” was the underlying theme of a seminar in which Fujairah Chamber of Commerce and Industry participated in Oman recently. The seminar, organised by the Oman Chamber of Commerce and Industry, sought to identify the nature […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Gold at 1270.00 has risen to test the resistance area at 1275-85. The price action here will determine by the next week if a major Bearish reversal is seen from the current levels or another rally to 1295-1300 before a […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Overall mostly all commodities look Bearish near term and could move lower in the next few sessions.PE Gold at 1259.74 may fall in the near term, as resistance near 1275-1280 looks to be holding well now. A fall towards 1240 or lower to […]






Norway Must Rethink Economy

Norway Must Rethink Economy






Norway manages its significant hydrocarbon resources and revenues in a sustainable way, and remains a reliable supplier of oil and gas, but Norway’s government should prepare for a future with lower oil and gas revenues. The recommendations were made in the International Energy Agency’s latest assessment of Norway’s energy policies. “As one of the world’s […]






PetroChina Company Limited (HKG:0857) Protested by Myanmar Nationals

PetroChina Company Limited (HKG:0857) Protested by Myanmar Nationals






PetroChina Company Limited (HKG:0857) Protested by Myanmar Nationals PetroChina submitted a development plan of Block 58, in Peru, to state energy agency PeruPetro. The plan calls for drilling 60 wells in six years to tap the 3.9 Tcf gas reserves in the block. The uncertainty lies in the gas pipeline construction, which was suspended as […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1256, and if 1249 holds on a closing basis then sideways consolidation within 1249-1280 will continue. So, keep a close watch on the price action in The US Dollar (.DXY) Index, which could give us a cue on […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The US Dollar (.DXY) Index at 96.78 is still on course towards 96 with no sign of strength yet. PE Gold at 1252 did not above 1260, and fell towards its Key support of 1249, which could be a level where the price […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The US Dollar (.DXY) Index at 96.78 is on course towards 96 with no sign of strength yet. Bullion strengthened against USD Monday. PE Gold at 1262, and Silver at 17.16 are trading above their Key supports at 1247 and 16.93 and trading […]






Pilgrim Petroleum Com STK USD1 (OTCMKTS:PGPM) HEFFX Highlights

Pilgrim Petroleum Com STK USD1 (OTCMKTS:PGPM) HEFFX Highlights






Pilgrim Petroleum Com STK USD1 (OTCMKTS:PGPM) HEFFX Highlights Pilgrim Petroleum Corp (PGPM) Needle Moving 32.04% Pilgrim Petroleum Completes Acquisition of Controlling Interest Oil and Gas Assets Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Gold at 1251, and if 1249 holds on a closing basis then sideways consolidation within 1249-1280 continues though it is not the proffered scenario. Keep a close watch on The US Dollar (.DXY) Index’s price currently at 97.22, that […]






Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit

Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit






Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit $BHI, $HAL, $SLB, $GE Deals are expected to be signed with US companies such as Schlumberger, Halliburton, Baker Hughes and Weatherford Saudi Aramco is due to sign deals with 12 US companies Saturday during US President Donald Trump’s visit to Saudi Arabia. The […]






Lemongrass Oil for Mood & More

Lemongrass Oil for Mood & More






Lemongrass Oil for Mood & More Lemongrass (Cymbopogon) is a tall perennial plant from the Poaceae grass family, which thrives in tropical and sub-tropical climes, such as in India, Cambodia, Malaysia, Indonesia, Sri Lanka, Thailand, China and Guatemala. The plant grows in clumps and has bright green, sharp-edged leaves, similar to grass. Lemongrass is a […]






PetroChina Company Limited (HKG:0857) HEFFX Highlights

PetroChina Company Limited (HKG:0857) HEFFX Highlights






PetroChina Company Limited (HKG:0857) HEFFX Highlights PetroChina (PTR) Swings to Q1 Profit on Higher Oil Prices PetroChina Stock Getting Very Oversold PetroChina Agrees To Arbitration In $1B Africa Oil Spat State-owned oil giant PetroChina said in a statement that it had to disconnect the networks linking its petrol stations nationwide for 12 hours on Saturday […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Keep eyes on The US Dollar (.DXY) Index for clues on precious metals directions. PE Gold at 1259 is trading at its Wednesday’s highs in Asia with 1st support at 1249. If 1249 holds on a closing basis then see  sideways consolidation […]






Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing






Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold has shown some strength due to the recent weakness in The Dollar (.DXY) Index. PE Gold at 1242 up from 1231 and could drive towards 1250-60 in here. Silver at 16.87 bounced from support near 16.10 and could hang in above 16.90 near […]






Gold, Copper and Crude Oil Looking to Test Resistances

Gold, Copper and Crude Oil Looking to Test Resistances






Gold, Copper and Crude Oil Looking to Test Resistances $GLD, $CU, $USO, $OIL Commentary: Recent weakness in The US Dollar (.DXY) Index had boosted Gold price near Key resistance areas. PE Gold at 1234 is trading above its support at 1230. I remain Bearish Gold while it is trading below 1260, but chances of a […]






Oil Prices Rally

Oil Prices Rally






Oil Prices Rally Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers agreed to curb production by 1.8 million barrels per day (bpd) for six months from January 1 to support the market and push prices to $60 per barrel. “Saudi and Russia are clearly working closely together. Saudi seems very determined to […]






Gold, Copper and Crude Oil Looking to Test Resistances

Gold, Copper and Crude Oil Looking to Test Resistances






Gold, Copper and Crude Oil Looking to Test Resistances $GLD, $CU, $USO, $OIL Last week saw Gold at 1229, as it traded within the 1220-31 range. If the rise continues may see a test at 1255-65 this week. A failure to break above 1265 may keep the price ranged within the 1220-1265. A close below […]






Gold, Copper and Crude Oil Up on OPEC Talk

Gold, Copper and Crude Oil Up on OPEC Talk






Gold, Copper and Crude Oil Up on OPEC Talk $GLD, $CU, $USO, $OIL Gold getting up off the floor, following Copper North, as OPEC rhetoric keeps the Crude Oil Bounce Up Crude Oil Crude oil continued to rally overnight, after being hammered last week. I see it a case of hope and not a turn […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20943.11,-0.16% came off as expected and could test to 20780 near term before bouncing. A test of higher marks near 21000 may be delayed a bit. DAX at 12757.46, +0.07% is set to test 13000 […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20975.78, -0.17% tested 21050 on the Northside before coming off. Some profit taking is possible in the 21050-21100 area now with a possible extension of the current run towards 21200. Some corrective dip is preferred […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Overall globally stocks are mixed. China looks negative, Europe and US looks potentially Bullish. Japanese and Indian stocks could remain ranged near term. PE DJIA at 21012.28, +0.03% is stable, trying to move North towards 21050-21100 in the next […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Emmanuel Macron wins the final round of the French elections to become the youngest President, winning by a fair margin of 66% to 34% against Marine Le Pen, as per the results released Sunday night.PE DAX at 12716.89, +0.55% make […]






Crude Oil Markets Getting Hammered. WTI Target $29 bbl

Crude Oil Markets Getting Hammered. WTI Target $29 bbl






Crude Oil Markets Getting Hammered. WTI Target $29 bbl $USO, $OIL There is a Big Bet that prices are about to sink to their lowest marks in more than a year. About $7-M worth of options changed hands Friday that will pay off if WTI Crude Oil (NYSEArca:USO) falls beneath $39 bbl by mid-July, according to […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new. PE DJIA at 20951.47, -0.03% finished lower and lack of any directional momentum now keep the price stable. While trading below 21000, we could expect a test of 20800-20600 before starting to rise again. DAX at 12647.78, […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  The stock markets are stable and no real impact is seen after the FOMC Wednesday as it kept rates unchanged and reiterated its maintenance of the existing policy. PE DJIA at 20957.90, +0.04% is seeing difficulty to move above […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  The Japanese markets are closed, and all other major markets are trading very quietly, mostly waiting for the FOMC comments due this afternoon and the 2nd round of the French Presidential election Sunday. PE DJIA at 20949.89, +0.17% stuck […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary:  Almost all stocks are stable and could consolidate in here. Resistances are seen just above current marks, a pullback is possible in here: PE DJIA at 20981.33, +0.03% stable Thursday, is not attempting to rise above 21000 yet, target […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The tax plan released by US President Trump Wednesday proposed to slash business taxes. It proposed to cut income tax rate from 39.6% to 35%, reduce corporate tax from 35% to 15% and to reduce the 7 tax brackets […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The US markets are up ahead of the tax reform statement from US President Trump Wednesday. PE DJIA at 20996.12, +1.12% looks Bullish and could see 21200 near term. DAX at 12467.04, +0.10% holding above 12390, but is close […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Results of the 1st round of French elections brought in hopes to the investors throughout the world except China. Mr. Macron would face off with Ms. Le Pen for the 2nd round on 7 May, but stocks could see […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: DJIA loing to open up significantly, as The Trump Rally extends. PE DJIA at 20547.76, -0.15% sees 1st support near 20370-20350, which could be tested in the coming sessions. Thereafter a rise back towards 20600-20700 is possible in the longer run. […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Almost all major indices have bounced from 1st support marks and may move further North near term.PE DJIA at 20578.71, +0.85% bounced from support near 20400, a rise towards 20700 is seen near term. DAX at 12027.32, +0.09% up from […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Nothing new: PE DJIA at 20404.49, -0.58% closed below 20410, the immediate price momentum indicates the possibility of a further fall towards 20250-20200 in the next 1-2 sessions. DAX at 12016.45, +0.13% trading just above 1st support at 1960-11930, […]






Key Stock Indexes, Crude, Gold & Silver Markets Briefing

Key Stock Indexes, Crude, Gold & Silver Markets Briefing






Key Stock Indexes, Crude, Gold & Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: US-North Korea tensions, the French elections and news of the UK snap elections on 8 June adding on to the news  keeping the global indices in caution mode. European stocks saw a sharp fall Tuesday and may not rise […]






Thai Oil PCL (BKK:TOP) HEFFX Outlook (18/4/17)

Thai Oil PCL (BKK:TOP) HEFFX Outlook (18/4/17)






Thai Oil PCL (BKK:TOP) HEFFX Outlook (18/4/17) Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 79.55. The projected lower bound is: 73.13. The projected closing price is: 76.34. THAI OIL closed down -0.500 at 76.250. Volume was 23% below average (neutral) […]






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