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The stimulatory programmes that we have seen over the course of last year during COVID-19 have certainly put into trade a significant amount of money that is going to go into buying commodities, David Lennox of Fat Prophets said
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In an interview to CNBC-TV18's Manisha Gupta, David Lennox of Fat Prophets shared his views and outlook on crude in the commodities market.
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In an interview to CNBC-TV18, Shane Oliver of AMP Capital, Dr Waiel Awwad, South Asia Bureau Chief of Syrian Arab News Agency and Richard Harris of Port Shelter Investment Management spoke about the developments in the global and geopolitical space.
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Watch the interview of David Lennox of Fat Prophets, Roberto F Aguilera, author of The Price of Oil and Miswin Mahesh of Energy Aspects with Manisha Gupta on CNBC-TV18. They speak about the current trends in the crude oil space in the commodities market.
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Watch the interview of David Lennox of Fat Prophets and Kishore Narne of Motilal Oswal with Manisha Gupta on CNBC-TV18. They speak about the current trends in the metals and precious metals space in the commodities market.
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Watch the interview of David Lennox of Fat Prophets with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
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Watch the interview of David Lennox of Fat Prophets with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
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Watch the interview of David Lennox of Fat Prophets with Manisha Gupta on CNBC-TV18. He spoke about the current trend in metals.
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Crude prices surge as non-Organisation of the Petroleum Exporting Countries (OPEC) producers join OPEC in output cut. In a CNBC-TV18 interview, David Lennox of Fat Prophets shared his outlook on the same.
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Ahead of the Organization of the Petroleum Exporting Countries (OPEC) meet scheduled later for today, David Lennox of Fat Prophets said that he does not see any action coming out of this meeting.
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Watch the interview of David Lennox Analyst, Fat Prophets with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on metal sector.
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Speaking to CNBC-TV18 David Lennox, Analyst at Fat Prophets said the markets are getting jittery about what will happen in a week‘s time. That is bringing to the fore the safe haven aspect of gold, he said.
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Speaking to CNBC-TV18 David Lennox of Fat Prophets said that he doesn‘t see much of an upside in crude prices for either Brent or WTI. He hasn't changed his view on prices for Brent which stands at USD 55 and USD 50 for WTI.
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David Mann, Analyst, Fat Prophets believes no concrete news is to come in the informal Organization of the Petroleum Exporting Countries (OPEC) meeting in September.
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Discussing commodities, David Lennox of Fat Prophets says that if the UK decides to leave, US dollar will rally, which in turn, will not be good for the commodities.
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Lennox expects the West Texas Intermediate (WTI) prices to be at USD 45-50 per barrel and Brent at USD 50-55 per barrel levels by the end of FY16.
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While the news of capping crude production has been positive for the oil industry, markets are not really convinced if capping would happen any sooner, says David Lennox, Fat Prophets.
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David Lennox, Analyst, Fat Prophets, says crude prices will remain volatile until no cuts are announced from major producing nations, from Organization of the Petroleum Exporting Countries (OPEC) or any of the major companies in Saudi and US.
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In an interview to CNBC-TV18, David Lennox of Fat Prophets spoke about the current trend in commodities markets.
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Watch the interview of Ravindra Rao of Anand Rathi Commodities and David Lennox, Analyst at Fat Prophets with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. They spoke about the current trend in commodities markets.
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In and interview to CNBC-TV18, David Lennox, Analyst at Fat Prophets spoke about and same and gave his outlook on crude.
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David Lennox, Fat Prophets expects near-term considerable weakness in oil prices unless there is curb on the oversupply of oil from either the oil producing countries or companies.
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On the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for December 4th, David Lennox of Fat Prophets says he expects no significant cuts in production going forward and that the trend in brent crude is still bearish.
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As far as the upcoming OPEC meet is concerned, David Lennox of Fat Prophets does not see any change in rhetoric. He expects the markets to react more to whatever is happening in the US, including the dollar
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Calling government‘s decision to implement safegaurd duty ‘right‘, David Lennox, Analyst, Fat Prophets says it is needed to protect domestic market.
