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This Article is From Jan 04, 2021

Crude Oil Prices During December 2020: Care Ratings  

Crude Oil Prices During December 2020: Care Ratings  
A worker pours extracted crude oil into a bucket. (Photographer: Dimas Ardian/Bloomberg)

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.

Care Ratings Research Report

The prices of Brent Crude and West Texas Intermediate have increased sharply by 14.1% and 13% during December 2020 as against the price prevailing during November 2020 but has declined by 25.3% and 21.1% as against the price prevailing during the same month in the previous financial year.

In the start of the month, oil prices rose with support from an OPEC plus deal and hopes for another round of U.S. stimulus.

The cartel had agreed to slightly ease their deep oil output cuts from January suggesting recovery in demand going forward.

Click on the attachment to read the full report:

Care Ratings Oil Monitor December 2020.pdf
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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 author entity 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.

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