Crude Oil Demand

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Trafigura says Indian oil demand growth set to outpace China

While growth in the South Asian nation is being driven by urbanization and rising incomes, China is facing slowing crude consumption growth aside from in petrochemicals.
More fuel price hikes on the cards, no plans to cut down excise levy: Reports

The latest hike brought petrol prices in the National Capital Region (NCR) to Rs 96.21/litre and diesel prices to Rs 87.47/litre, oil marketing companies also increased LPG prices by almost Rs 50/cylinder, taking the price of a standard 14.2 kg cylinder to about Rs 949.5 in Delhi. There are also no plans to cut down on the excise duties on the fuel.
Crude not a pretty sight; yet to reach bottom: Bill O'Neill

Bill O'Neill of Logic Advisers says there are a plethora of events taking place in the global economy that the technicals had signaled to them that crude prices would fall below USD 80 a barrel which it did.

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Crude Oil Demand

Trafigura says Indian oil demand growth set to outpace China

More fuel price hikes on the cards, no plans to cut down excise levy: Reports

Crude not a pretty sight; yet to reach bottom: Bill O'Neill