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Crude futures were marginally weaker early Thursday in Asia, as the market awaited a crucial decision from the OPEC/non-OPEC ministers meeting in Vienna Friday and Saturday. A deal to increase supply now looks certain, but the market has been left guessing on the quantum of supply increase that might be agreed in the face of conflicting views among the major producers. In theory, a hike could land anywhere between 300,000 b/d and 1.5 million b/d.
Click here for a snapshot of the market
Polymerupdate is one of the fastest growing market intelligence companies in the world. Polymerupdate is a world renowned provider of business critical industry news and real time price alerts. Some of the products tracked daily include Crude Oil, Naphtha, Aromatics, Olefins, Polyolefins and Petrochemical Intermediates for the global markets with a special focus on Asia, India, The Middle East, Europe, US, Latin America and Africa.
Former Chief Commissioner of Customs, Central Excise and Service Tax and Additional Director General of the Directorate of the Revenue Intelligence (D.R.I)
Former Member (Technical) of the Customs Excise and Service Tax Appellate Tribunal (CESTAT)
Former Additional Director of the Directorate of Revenue Intelligence (DRI)
Former Member, CESTAT Government of India
Former Vice Chairman of the Income Tax Settlement Commission, New Delhi
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