We are living in a world obsessed with oil and its price movements. Some time back, when all the trade pundits were predicting a stable 100$ benchmark, the prices fell… and how! The current fall in the oil price has been particularly harsh and excruciating for some of the prominent players such as Russia and Venezuela.
Topics: iranian giants imf world lifting the u.s oil export ban is no solution to low oil prices improving indian strategic petroleum reserves limited isprl vishakhapatnam mangalore padur building natural gas corporation limited source press trust indian oil corporation limited bharat petroleum corporation limited hindustan petroleum corporation limited reliance industries limited lsquo;j3&rsquo lsquo;oman dubai&rsquo bonny light oil markets blow yemen crisis out of proportion asian development chinese dragon saudi arabia oman iraq uae russia china&rsquo insatiable appetite for oil eia driverless cars poised to transform automotive industry strategic petroleum reserve spr china national petroleum corporation cnpc cash burn forget rig counts and opec media bias is driving oil down u.s shale a marginal not swing producer oil prices will recover market fundamentals are working venezuela march asian china india bank india&rsquo read oil in strategic spr it india oman chinese middle east strategic plan oilprice.com crude million global current barrels buy decided consumption biggest largest imports drastically capex country growth storage public sector exports fuel ensured question net note day set production metric levels dollar demand grow reduced bill account tons import company fourth years total consumer store government companies importer products reduce ensure
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