Tag: oil industry

As crude prices may move unabated; alert for average household, governments intervention warranted

Posted: November 10, 2021 at 9:52 am | Author: Manish Marwah

The near–term outlook remains strong and prices may touch USD 100 a barrel; some intervention from government could help ease burdens on the Indian households Crude oil prices are at a multi-year high and the near-term outlook does not inspire much confidence among the common households. The prices are expected to touch levels between USD […]

Oil to trade in a narrow range as demand unlikely to pick-up significantly anytime soon

Posted: December 10, 2020 at 11:57 am | Author: Manish Marwah

Some breather for crude oil as vaccine hopes soften blows; as infection cases rise, the demand recovery looks like a long road ahead The situation of oil is currently one of a seesaw, which tilts towards the side that puts more weight. Despite the gloom around the fresh wave of infections surfacing in Europe, US […]