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Oil futures pass US$126 a barrel

bringing its advance this week to nearly US$10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. On Friday, The Wall Street Journal published a report that suggested closer

Kotak Bank makes Rs 86 cr provisioning on derivative losses

MUMBAI: Private sector lender Kotak Mahindra Bank on Friday said it has made a provisioning of Rs 86 crore to cover the Mark-to-Market (MTM) losses of its clients on account of forex derivative transactions. The bank has around 45 clients having taken

Trading Tools to Build Your Portfolio: Are Hopes Too High for Target?

In last week's edition of Trading Tools, Andrea examined semiconductor firm MKS Instruments (MKSI), as it appeared on the Zacks Before we begin, let's explain the contrarian stance that makes Schaeffer's so unique. When searching for a bullish pick, we

Futures Movers: Oil taps $126 high, ready for an over 7% weekly gain

SAN FRANCISCO (MarketWatch) -- Crude-oil futures climbed past $126 a barrel Friday, poised to score a weekly gain of more than 7%, with strong demand for diesel fuel and concerns about global crude supplies sending prices to a fresh all-time high. 'There

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