ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
FXStreet (Delhi) – Research Team at BBVA, suggests that market fundamentals are behind oil prices drop and further declines are likely.
Key Quotes
“We expect a modest rebound in 2H16-2017 with long-run equilibrium price at around $60/bbl as structural trends limit upside risks. Our new baseline scenario implies downward revisions to the short-run with a gradual recovery thereafter.
Oil prices to decline further in 1H16 because of
• OPEC reluctance to cut production - Given OPEC’s low production costs, further price declines cannot be ruled out.
• Additional supply from Iran - Despite the drastic correction in prices, excess supply persists while inventories remain at all-time highs.
• Resilient U.S. crude production - Resilient non-OPEC production exerts downward price pressures.