Mriganka Jaipuriyar

Terming the development, which threatened to be stalemate earlier, as a big step forward, Mriganka Jaipuriyar, Associate Editorial Director of Platts, said the conciliatory tones taken by Iran, Iraq and Saudi Arabia show that market stability is on their minds. This is a positive for the markets, she added.

Crude may hit $45/bbl if OPEC opposes output cut: Jaipuriyar

Many important decisions have to be made at the OPEC meet, like the amount of production cuts to be made and the countries which will be exempt from cuts, says Jaipuriyar.

All eyes on OPEC's Nov meet; expect floor for crude: Platts

Till the final decision on November 30 meeting, one could expect to find a floor for crude oil prices, said Mriganka Jaipuriyar, Associate Editorial Director, Platts.

Oil and silver rally to continue, sugar a worry: Experts

While global experts say oil will likely touch USD 60/barrel in 2016 and silver demand will continue to rise on account of its industrial purposes, back home in India, industry experts believe the country may have to import sugar in the time to come. Here's a wrap of the week's developments in the commodities space.

High stock level to keep lid on near-term crude prices: Expert

Crude prices are seeing gains since the last two days on account of a drop in the dollar index, says Mriganka Jaipuriyar, Associate Editorial Director, Platts.

Tech & time not on OPEC's side; shale free of politics: Gheit

With shale being the game-changer, crude price war will continue and OPEC members will keep fighting for life because of the change in the energy world, says Fadel Gheit, senior oil and gas analyst at Oppenheimer & Co. Two other experts also weighed in.

Oil hits 13 yr low; falling price good news for India: Platts

"As the sanctions have been lifted, Iran is free to sell its crude to whoever it wants and they are planning to target Europe, where they have completely lost market share," Mriganka Jaipuriyar of Platts said.