Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

India must act promptly to reform oil pricing

Posted on 18 March 2013

Oil prices may have well peaked, for good. The International Energy Agency (IEA), in its latest medium-term oil market report, foresees a more ‘benign’ outlook on the strength of subdued demand and stepped-up supplies that it says could be deeply transformative globally.
This makes domestic energy price reform politically easier and all the more imperative. The IEA adds caveats on possible geopolitical risks and consequent supply rigidities, even disruptions; oil prices anyway do tend to be volatile. But the big picture emerging that ought not to be missed is this: the days of flaring oil prices may be history………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37583 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031