Downside risks likely for WTI in three months: BofA Merrill Lynch

October 25, 2014 06:00

WTI crude oil prices fared significantly better than Brent in this oil price drop as Cushing stocks remain very low. Yet Cushing faces an imminent ramp-up in inflow capacity which may temporarily send WTI prices lower.


India Oil Seed crushing industry in distress

Rise of imports is another factor. Refiners are opting for crude palm oil imports from Malaysia and Indonesia as they are cheaper than local crushing.

India mulls trade pacts with former USSR nations

At present India's trade with trade with CIS countries is less than 2 per cent. It is a region left unexplored by many sectors.

Silver investment demand set to rise over the next decade

The report, entitled "Silver Investment Demand," suggests that investors may accumulate as much a..

Diwali outlook: Gold may still remain a good hedging tool

Investors purchased gold as a way to preserve value and hedge against inflation and recession. Go..

NEWS WEEK: Gold turns less profitable for smugglers; World Food Prize for Indian scientist

Is Gold smuggling losing its shine? As per new reports, Gold smuggling in India is on a declining..

The 10 Biggest Energy industry bankruptcies

Enron grew from a simple pipeline company into the world's largest energy trader by using the Int..

Pulses: All eyes on India as Canada reports lower crop

India also witnessed a lower harvest (5.2 mt) in the kharif season. Exporters are now keeping a t..

Chana outlook turns bearish on supply pressure

Milan Shah, agri research analyst at commodity Online, said Chana is likely to trade bearish for ..

Gold: Why investors should be worried about rising real interest rate?

Generally, the real interest rates are negatively correlated with the gold price, i.e. the rising..

Speculation and the commodity surplus or shortage that it creates

Streams that are, ultimately, instruments of enslavement promoted, traded, and described as debt...

Coriander to trade bearish on sufficient supplies

Coriander futures are likely to trade with a negative bias due to sluggish demand along with suff..

Bullish outlook for Turmeric on improved demand

Milan Shah, agri research analyst at commodity Online, said Turmeric is likely to trade bullish f..

Could a lack of supply due to Ebola-related closures really cause the price of gold to rise?

Closing mines in Africa would just exacerbate the supply problem and cause things to finally chan..

What developments should investors be concerned about in the Uranium space?

People should be worried about underfeeding. For those who aren't familiar with underfeeding, it'..

Rubber Board observes Vigilance Awareness Week

This year the main focus of observing vigilance awareness week is ‘Combating Corruption &nd..

Coffee: India boosts fight against White Stem Borer pest

The White Stem Borer only attacks the Indian Arabicas and poses zero threat to other 10 coffee-pr..