Daily Energy Market

Great to be featured again in the Gulf Intelligence Daily Energy Insights session.

Diversity was its very best with me being the only male in an esteemed panel including Maleeha Bengali and Amena Bakr and moderated brilliantly by Dyala Sabbag. Key points:

• Global. economic weakness , especially from China, is playing a drag on oil and commodities pricing.
• Indian crude import basket, which is 40% Russian crude now, will be balanced to reflect it’s geopolitics with the middle east nations
• India in a sweet-spot in the global economy due to its neutral stance on the geopolitics arena with the balance between Russia and USA
• Indian economy has accepted the oil pricing between $75-85/bbl at present.