Tag Archives: oil

Three theories about the Saudi-Qatar crisis

By Sourajit Aiyer

It is often said that money makes the world go round. Nowhere is this more ingrained than in the battles for oil, power and arms. The news of Saudi Arabia and its key allies severing connections with Qatar following the ongoing rift between the Gulf Cooperation Council (GCC) members shocked the world. Here are three theories about this issue.

Continue reading

Bearish outlook for oil prices for this year and 2016

Inflation is unlikely to flare up again as long as commodity prices remain depressed. Inflation helps countries, companies and households that have high debts to pay them off because it reduces the value of the debt, so without it the world is slowly walking into a debtors’ nightmare.

Continue reading

The oil price is likely to fall even further

The price of oil has fallen victim to market uncertainty following the Greek referendum. The Brent international crude prices have fallen below $60 a barrel, with a drop of more than 6% recorded on Monday, the biggest intraday fall since February 4 according to the Financial Times.

The paper says oil is headed for a bear market, and some analysts watching the commodity agree that the price of oil has further to fall.

Continue reading

Emerging Europe consumption at highest since 2008

Emerging markets have been in the doldrums recently but one region, which had been hard hit by the eurozone crisis, seems to be getting ready for a brisk upturn now.

Continue reading

India’s economy is set to power ahead

By Sourajit Aiyer

Indian markets and economy had an interesting fiscal year FY2015 (Apr 2014-Mar 2015). While early signs of recovery are visible — a reversal from the previous turbulent years — a lot is still needed for the promised “achhey din” (good days) to truly arrive.

Continue reading

The curse of cheaper oil hits some emerging markets

The Goldilocks scenario about the lower price of oil fuelling an economic boom has a few big holes, mainly when it comes to emerging markets.

Continue reading

Russia to fall deep in recession, drag region down: EBRD

Russia will fall into a deep recession following the ruble’s collapse and the sharp decline in the price of oil, and will drag down with it many other countries in the region this year, new forecasts from the European Bank for Reconstruction and Development (EBRD) show.

Continue reading

Oil price is undervalued, investor survey shows

The number of investors who believe the oil price is undervalued is the highest since April 2009, according to the latest survey of fund managers by Bank of America Merrill Lynch.

Continue reading

Contrarian investors should go long eurozone: survey

Contrarian investors should go long eurozone equities and short Japan, a survey of investors by Bank of America Merrill Lynch earlier this month showed.

Continue reading

Future Oil Price Projection: Brent at $70 by 2020

The price of oil is already very high by historical standards, with Brent staying above $100 per barrel because of tensions in the Middle East and uncertainties created by the Arab Spring, Tom Pugh, commodities analyst at Capital Economics, said.

But growing supply and relatively slow demand is likely to push oil prices lower over the next five to 10 years, he wrote in a market note.

Continue reading