Posted at 4:57 PM , on March 16, 2015
Will OPEC go the way of other cartels in history?
The sharp fall in oil prices since June 2014 has raised serious questions about the role of OPEC. The Organization of Petroleum Exporting Countries (OPEC) has for long held complete sway over crude oil supply and pricing. The year 2014-15 proved that the OPEC was no longer pre-eminent in oil. What does this mean for the future of the OPEC? Continue reading
Posted at 7:46 AM , on February 9, 2015
Oil price bounce. But can oil prices sustain; most likely not!
The good news for oil drillers is that oil prices have risen 26% in the last month. But the bad news is that oil prices are still 50% below their June 2014 levels. In a nutshell, oil is awfully volatile and nobody has a clue as to what will happen. For example, Goldman Sachs has a target of $30/barrel while the OPEC has an estimate of $200/barrel. The price may settle somewhere in between, or so we hope! Continue reading
Posted at 7:25 AM , on June 30, 2014
by- Jayant Manglik, President of Retail Distribution at Religare Securities Limited
Indian stock market is expected to witness volatility as traders roll over positions in the futures & options (F&O) segment, while movement in crude oil prices linked to the Iraq unrest and the progress of monsoon will set the tone this week.
Some of the other factors that are likely to impact stock market movement include, trend in global equity markets and investment activity of foreign institutional investors. On Friday, the Sensex ended at 25,105.51 and the Nifty at 7,511.45 — both values being respective two-week lows. Continue reading