Dec 01, 2015 08:51 am UTC| Commentary
The current oversupply, the lack of any prospect of a rapid improvement despite (or indeed because of) this weeks OPEC meeting, the strong US dollar and weaker economic data from China are weighing on the mood of oil...
Nov 30, 2015 11:22 am UTC| Commentary
The geo-political tensions between Turkey and Russia were not supportive to the oil prices, which are now continuing to fall. The current supply glut, lack of prospects of rapid improvement despite OPEC meeting, strong...
Supply glut and geo-political tensions pressurizes oil
Nov 27, 2015 10:10 am UTC| Commentary
Oil prices lost some of their profits made when the week started. Brent is trading at $45 per barrel, and WTI is trading at $42 per barrel. There is an increase in the geopolitical tensions again. He assured French...
Oil prices to remain under pressure through 2016
Nov 27, 2015 04:39 am UTC| Commentary
In recent weeks, prices of West Texas Intermediate (WTI) crude oil were hovering around $USD 40 mark per barrel. There is resilience in the output of higher cost producers, pending new supply from Iran and OPEC likely...
U.S. EIA expects sharp fall in crude oil production
Nov 11, 2015 11:39 am UTC| Commentary
The International Energy Agency warned that the supply of oil could tighten in the coming years due to fall in investment, the oil market remains considerably oversupplied in the short term, as the inventory data published...
Oil in global economy series – too much inventory for so little growth
Oct 15, 2015 12:43 pm UTC| Insights & Views
Recently news of slowdown in non-OPEC oil production has been circling crude oil market as Oil Producers cartel OPEC and international energy watchdog IEA both announced that production is likely to drop this year and...
Oil in global economy series – top shale oil reserves in the world and impact
Sep 23, 2015 08:46 am UTC| Insights & Views
Shale oil production has changed the scenario of not only supply and demand but global oil politics and its bargaining power. Historically speaking, Middle East or OPEC traditionally has remained stronghold of global...
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