Tags » Brent Crude

Stagnant Growth inspite of Surge in Brent Crude Prices?

Brent Crude prices have rallied sharply since the OPEC meeting on November 30th when oil quotas were agreed upon. However, after an 18% rally the oil prices have stagnated. 451 more words

Market & Economy Update

Oil Price Hits $55pb As Output Cut Deadline Draws Near: Report

Vienna, Austria (Leadership) – The Organisation of Petroleum Exporting Countries (OPEC) has set January 1, 2017 as the official start-off date for a deal to cut crude oil output by the Organisation and several non-OPEC producers by almost 1.8 million barrels per day (bpd). 377 more words

Does India really have to Worry about Rising Oil Prices?

The big story for the Indian economy over the last 2 years has been the dividends from cheap oil. Brent crude fell from a high of $114/bbl in mid-2014 to a low of $28/bbl in Feb 2016. 459 more words

Market & Economy Update

Will OPEC's Decision to Cut Production really Help Oil Prices to Move Up?

For the first time since 2008, the OPEC at its Vienna meeting on November 30th decided to put supply restrictions. In fact, the OPEC went one step ahead. 446 more words

Market & Economy Update

OPEC finally agrees to a production cut; but what does that mean?

The OPEC meeting on November 30th at Vienna actually turned out to be highly productive for the OPEC. The cartel which accounts for nearly a third of global oil production has decided to cut production of crude oil by nearly 1.2 million barrels per day (bpd). 888 more words

Market & Economy Update

Oil tops $55 a barrel for 1st time in 16 months

NEW YORK – Crude rose above $55 a barrel to hit a 16-month high on Monday as rising prospects of a tightening market after last week’s… 374 more words

World

Asian Stocks Mostly Lower on Monday

Posted: Nov 14, 2016 1:57 AM ESTUpdated: Nov 14, 2016 1:57 AM EST

(AP Photo/Koji Sasahara). A woman walks by an electronic stock board of a securities firm in Tokyo, Monday, Nov. 341 more words