Scott Darling, head of Asia-Pacific oil and gas at JP Morgan told CNBC that the investment bank recently revised its outlook in part due to North American supply ramping up in the second half of next year. JP Morgan expects the price of Brent, the international benchmark for oil, to go toward $64 in 2020.
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MCX Crude Oil Tips – Buy on Dips Strong Support @4013 – Neal Bhai Reports
Crude Oil on MCX settled up 0.12% at 4109 supported by expected supply cuts from OPEC but held back by record U.S. production.
Crude Oil WTI Tips – Keey Eye on $57.50 Above We See Only Blast – Neal Bhai Commodity Guru
Crude Oil WTI Tips – Keey Eye on $57.50 Above We See Only Blast – Neal Bhai Commodity Guru
MCX Crude Updates – Watch High ₹4137 Blast or Not – I Told You Buy and So Jaao Neal Bhai Reports
MCX Crude Updates – Watch High ₹4137 Blast or Not – I Told You Buy and So Jaao Neal Bhai Reports
MCX Crude Oil Tips – Strong Support @4802 – Neal Bhai Reports
Crude Oil on MCX settled down -1.33% at 4890 as concerns over the outlook for global demand amid simmering trade tensions, coupled with increasing supply and rising inventories, pummeled the outlook for crude.