Tag: barrel
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JM Financial sees crude stabilising at $70-72 a barrel in the medium term
Dayanand Mittal, Oil & Gas and Telecom Research Analyst at JM Financial Institutional Securities, expects crude to settle around $70–72 per barrel over the...
Allied Blenders and Distillers drops plan to acquire 51% stake in Good Barrel Distillery
Home-grown AlchoBev firm Allied Blenders and Distillers Limited on Thursday (August 14) said it has decided not to proceed with its planned acquisition of...
Oil headed to $85-90 per barrel in the near term, says BCA Research
Oil prices could climb to $85 or even $90 per barrel soon, according to Marko Papic, Chief Strategist at BCA Research. Speaking about risks...
Brent falls below $60 a barrel as tariff war escalates, OPEC+ boosts output
Brent crude plunged below $60 a barrel on Wednesday, hitting its lowest level in over four years, as China unveiled steep retaliatory...
JM Financial Institutional expects oil prices to stay around $70 per barrel
JM Financial Institutional Securities prefers upstream oil companies like ONGC and Oil India over oil marketing companies (OMCs), primarily due to the expected stability...
