Tom Price, global commodity analyst at UBS Equities Research joins CNBC-TV18 to provide clarity on the commodities market and tell investors how to trade the various elements.
Oil prices will stay above USD 100 a barrel through 2013, a Reuters poll showed, as analysts sharply revised forecasts up because of political tensions in the Middle East.
As the world confronts Muammar Gaddafi, the question being asked is, will Western coalition forces and pro-democracy fighters win the battle against the Libyan leader? Michael Crawford is an independent consultant and writer gives his perspective on the recent developments in the region.
In a 10 to 0 vote, the United Nations called for an immediate cease-fire in Libya. in broad language, the Security Council has authorized the use of 'necessary measures' to ensure the utmost protection to civilians in Libya. Jim Maceda of NBC spoke to CNBC-TV18’s Menaka Doshi about the continuing tensions in Libya and the battle for Benghazi.
Asian stocks were poised for their best weekly gains in three months as market players hunted for bargains while the euro perked up after the European Central Bank signalled a rate hike as early as next month.
A ray of hope has emerged that maybe some resolution could be found to the Libyan crisis. Katerina Dalacoura, Lecturer at the London School of Economics, in an interview with CNBC-TV18’s Menaka Doshi, gave her view on how this situation is going to develop over the course of the next few days.
Tensions in the Middle East have started to ease a little afterMuammar Gaddafi accepted the international peace plan to end the crisis bludgeoning Libya. Both, the Libyan leader and the president of the Arab League agreed to a peace plan from Hugo Chavez which was threatening to descend into an all out civil war.
Crude oil is not very comfortable for India at USD 96 West Texas Intermediate (WTI) and Brent having crossed USD 100 per barrel. Jonathan Barratt, the Managing Director of Commodity Broking Services, told CNBC-TV18 says the Libyan situation highlights the growing concerns surrounding West Asia.