Tag : John Hall

Informal OPEC meet in September does not raise hopes

International Finance DeskAugust 17, 2016

by International Finance DeskAugust 17, 2016

Experts do not expect a major impact on oil price IFM Correspondent August 17, 2016: The past week saw OPEC announcing plans for an informal meet at the International Energy Forum in late September. The announcement comes at a time when Saudi Arabia is pumping a record amount of oil and Iran is resuming production...

Economy

Oil at $50 is not a cause for concern

International Finance DeskMay 27, 2016

by International Finance DeskMay 27, 2016

Experts say the quantum of price increase is not difficult to absorb IFM Correspondent May 27, 2016: After hovering around $30 per barrel for close to five months, oil price is finally heading northwards. The price touched $50 a barrel — around 70 per cent up on its February low. It is a rapid climb,...