BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
IDBI Capital Report
Crude oil prices continued to fall in the month of October as Europe expands coronavirus lockdowns mainly in France and Germany. The U.S. also faces a surge of cases.
While crude oil demand has picked up from Asian countries and inventory levels are depleting worlwide, risk of higher supplies from couple of OPEC nations and rising rig counts globally raises concern of over-supply.
Brent crude oil price fell 1.5% month-on-month to average $40.5/barrel of oil in October 2020.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
