Tag Archives: Oil

US and OPEC lock horns: Will oil importers benefit?

oil prices,crude oil price

OPEC’s recent decision to cut oil production suggests that the members are reluctant to take a knock on their budgets. But if the brent crude oil prices keep rising, the West Texas Intermediate (WTI)-benchmarked oil may become attractive to Asian importers, including India.

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No more rude shocks by crude: can Indian equities rally?

oil,oil price chart,world oil prices

Lowering the output isn’t an easy decision for OPEC and its allies. To add to the worries of the world’s biggest oil cartel, U.S. President Donald Trump too doesn’t support the idea of higher oil prices.

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