In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
In an interview to CNBC-TV18's Manisha Gupta, Miswin Mahesh of Energy Aspects spoke about the current trends in crude in the commodities market.
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.
OPEC is likely to come up with a small, facing saving deal of about three months and is likely to monitor the market till then, Miswin Mahesh, energy analyst at Barclays said.
"We think even without an OPEC deal, prices are headed higher and that's purely because of fundamentals," Miswin Mahesh, oil analyst at Barclays, told CNBC on Friday.
China‘s demand for energy has softened compared to India, says Miswin Mahesh, Energy Analyst at Barclays, adding, there is need to keep an eye on developments in Iraq and Nigeria right now.
Miswin Mahesh, Energy Analyst, Barclays expects Brent Crude to hover above USD 40/bbl and not go much below that. The prices would average around USD 45/bbl in Q3.
Oil demand has started to weaken and factors like margins falling, diesel and gas stocks at high levels have led to refineries slashing purchases, says Miswin Mahesh, Energy Analyst at Barclays.
Watch the interview of Jeremy Stretch of CIBC and Miswin Mahesh of Barclays with Manisha Gupta on CNBC-TV18 where they spoke about the impact of Brexit on the commodity and currency markets.
The weakening pound is going to mean a cheaper euro. And, if euro cheapens, the dollar is going to get stronger. The dollar will mainly benefit from safe haven flows into the currency, says Jeremy Stretch.
On the downside, he said, US' non-farm payrolls, factory orders from Japan as well as emerging market indicators aren't looking good, says Miswin Mahesh, Energy Analyst at Barclays.
Miswin Mahesh said the gradual rise in crude prices are due to the outages in Nigeria, Canada and Columbia. When they slowly increase output, it could lead to a cooling effect on crude prices in the September quarter this year, he said.
Watch the interview of Miswin Mahesh Energy Analyst, Barclays with Ronojoy Banerjee on CNBC-TV18, in which he shared his reading and outlook on the road ahead for crude.