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MCX Crude Oil sideways to bullish resistance 5380

By Commodity Online Energy News - May 20, 2013

For intra-day, crucial support is seen at 5330 while 5380 is the resistance. One can take buy position near 5350 with the stop loss of 5330 for the target near 5380. Break out of the 5380 level may lead prices towards 5400 mark. and nbsp; and nbsp;


Kosmos Comes Up Dry Onshore Cameroon

By Rigzone.com: Exploration News - May 20, 2013

Kosmos Energy fails to find commercial hydrocarbons at its Sipo-1 exploration well, onshore Cameroon.


Crude Threatens Trendline from September Again

By Jamie Saettele, CMT - May 20, 2013

Weekly

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

Commodity Analysis: Crude is once again trading at the trendline that extends off of highs since September 2012. This is the …


Roxi Reports Further Success at Well 806

By Rigzone.com: Exploration News - May 19, 2013

Roxi Petroleum says Well 806 on its BNG contract area, onshore Kazakhstan, has yielded 130 barrels of oil per day over a two-day period from a second interval.


MCX Natural Gas positive resistance at 230 and 233 levels

By Commodity Online Energy News - May 19, 2013

For intra-day, support for natural gas futures is seen at 226 and amp; 223 levels while resistance at 230 and 233 levels. Traders with risk appetite may sell near 230 with stop loss above 233 and can wait for the targets of 226 and 224. and nbsp;MCX na…


Financial closure of Welspun Energy’s Rajasthan wind project achieved

By Commodity Online Energy News - May 19, 2013

Welspun Energy Solar Rajasthan Pvt. Ltd., a fully owned subsidiary of the company had signed a Power Purchase Agreement (PPA) with the Rajasthan Renewable Energy Corporation Ltd. The state of Rajasthan has tremendous renewable energy potential and thro…


Kosmos Wraps Up Ndian River Block Campaign

By Rigzone.com: Exploration News - May 19, 2013

Kosmos Energy Ltd. announces results from the Sipo-1 exploration well onshore Cameroon.


Xcite Energy Sells Bentley Well Data

By Rigzone.com: Exploration News - May 19, 2013

Xcite Energy sells data related to its Bentley wells in the North Sea for $15 million.


Asian LNG buyers most likely to seek long term supply commitments: Barclays

By Commodity Online Energy News - May 19, 2013

Asian buyers are most likely to seek long-term supply commitments as the relative scarcity of local natural gas production necessitates a greater focus on the security of LNG supply.


Jubilant Spuds 4th Well at Kharsang

By Rigzone.com: Exploration News - May 19, 2013

Jubilant Energy spuds fourth well in its drilling campaign to extend the Kharsang field, onshore India, and reports the successful testing for oil at the campaign’s second well.