Commodity DNA | Crude oil

Crude oil

By Ibrahim Patel
Apr 02, 2020

CRUDE RALLIED NEARLY 12% APRIL TO BE ONE OF TOUGHEST MONTHS

*Oversupplied in April to the tune of 25 million barrels per day *Oil punters have been watching unfolding developments in the energy space Brent crude rallied nearly 12% o ....

Crude oil

By Ibrahim Patel
Mar 12, 2020

SAUDI ARABIA INTENDS TO RAISE OIL OUTPUT BY 12.3 MILLION BARREL: PRICE NEED TO FALL $20

*Russia hinted low oil prices for six to 10 years *Markets are now wagering on output cut by US producers in the range of 1-2 million barrels Saudi Arabia now intends to ra ....

Crude oil

By Ibrahim Patel
Feb 09, 2020

CRUDE OIL BEARS ARE TARGETING THE SUPPORT OF $48

*Prices continue to print lower levels on coronavirus fears and increased supply *Low crude oil price gloom for silver lining for India Since the crude oil prices surged in ....

Crude oil

By Ibrahim Patel
Jan 05, 2020

A VOLATILE YEAR IN 2020 AFTER 2019 FOR THE CRUDE OIL MARKET

*The market is still underestimating the impact of tensions in the region *Oil prices reflect concern not panic after airstrike on Iranian General There are lots of reaso ....

Crude oil

By Ibrahim Patel
Dec 03, 2019

CURRENT OPEC DEAL INTACT WOULD BE THE MOST LIKELY OUTCOME

*Oil prices could feel some pressure in the aftermath of the meeting *No reason right now to extend the cuts that all means Russia could be a wild card To keeping the current ....