Tuesday, 12 January 2016

MCX Crude Oil News Updates


Crude oil:  Analysts also adjusted to the early price rout in the year, with Barclays ,Macquarie, Bank of America ,Merrill Lynch, Standard Chartered and Societe Generale  all cut their 2016 oil price forecasts on Monday. marked deterioration in oil market fundamentals in early 2016 has persuaded us to make some large downward adjustments to our oil price forecasts for 2016," Barclays bank said.

Standard Chartered that took the most bearish view, stating that prices could drop as low as $10 a barrel.

Monthly Oil Market Report: BY OPEC 
Publishing Schedule for 2016:
Monday, 18 January
Wednesday, 10 February
Monday, 14 March
Wednesday, 13 April
Friday, 13 May
Monday, 13 June
Tuesday, 12 July
Wednesday, 10 August
Monday, 12 September
Wednesday, 12 October
Friday, 11 November
Wednesday, 14 December

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