HSBC Flags ‘Risk’ Of $100/b Oil Price Spike As Bank Revises Forecast

HSBC has warned a lack of spare oil capacity could push Brent crude to $100/b as the bank raised its price forecasts for the benchmark through to 2020. Europe’s largest bank is the latest global institution to revise its oil price assumptions as concerns grow over how Iranian crude will be replaced by the market
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Due to a very weak tanker spot market, NORDEN lowers its expectations for the Adjusted Result for the year to USD 0 to 30 million, down from USD 10 to 50 million. Dry Operator With an Adjusted Result of USD 8 million in the second quarter, the performance of Dry Operator has exceeded expectations, and
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* Ex-im trade to benefit With a view to understand the real issues and challenges faced by the stakeholders, JNPT has been organising quarterly meeting of all stakeholders to get a first-hand report on various issues faced by the trade and find solutions. These steps further facilitate seamless movement of cargo from the port and
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