Jan'25 Crude Oil Report
Nov, 13, 2018 By Vikram Murarka 0 comments
With the US economic data strong and stable, the earlier expected US slowdown has not played out, resulting in the crude price trading higher while above $70 (Brent). While there is uncertainty in the long-term direction for crude, as long as it stays within the range of $67-80 (Brent), we have kept our earlier forecasts intact this month. Supply from the OPEC countries is also likely to remain tight for the next couple of months. Additionally, a rising Dollar could keep the crude at the higher end of its sideways range for now ... Read More
Array
Yields have risen across the Curve in line with the anticipations in our Dec-24 report (30-Nov-24, UST10Y 4.18%).Both the US5Yr and US10Yr have risen well as expected. Even the US2Yr has risen, but the rise is a little …. Read More
With the US economic data strong and stable, the earlier expected US slowdown has not played out, resulting in the crude price trading higher while above $70 (Brent). While there is uncertainty in the long-term direction for crude, as long as it stays within the range of $67-80 (Brent), we have kept our earlier forecasts intact this month. Supply from the OPEC countries is also likely to remain tight for the next couple of months. Additionally, a rising Dollar could keep the crude at the higher end of its sideways range for now … Read More
In line with our alternate view in our Nov-24 edition (13-Nov-24, EURUSD @ 1.0615), Euro did break below 1.06 and fell to a low of 1.0333 in Nov-24. However, it could not sustain at the lows and have bounced back well to ……. Read More
Our December ’24 Monthly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
Our December ’24 Monthly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.