Tag Archive: OPEC

Natixis’ Abhishek Deshpande sheds light on OPEC’s oil production freeze in The Economist

Following the decision taken by the Organisation of Petroleum Exporting Countries’ (OPEC) in November to cut production by 1.2m barrels a day – the first agreed cut since 2008 – Abhishek Deshpande, Natixis’ senior oil analyst, offered his oil market forecast to The Economist. While some speculators believe the production freeze marks the beginning of …

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Natixis’ Abhishek Deshpande discusses the oil market’s reaction to Trump’s victory on Bloomberg TV

As markets adapt to Donald Trump’s shock presidential victory, one key area of interest is the consequences for the global oil markets. Natixis’ chief oil analyst, Abhishek Deshpande, offered his views on the president-elect’s potential oil market impact to Bloomberg TV. “Given Trump is pro-fossil fuels, and pro-U.S. fossil fuels, in particular, it is likely …

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Natixis’ Abhishek Deshpande comments on the oil market’s bearish outlook in City A.M.

With Brent crude falling to $44.56 per barrel in today’s late morning trading, Natixis’, senior oil analyst, Abhishek Deshpande spoke to City A.M. about his views on the market’s current spell of negativity. Following increased supply due to record output from the Organisation of Petroleum Exporting Countries (OPEC) and increased drilling activity in the US, …

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Natixis’ Abhishek Desphande examines Saudi’s economic diversification plans for City AM

  Despite Saudi Arabia’s determination to overcome its oil revenue dependency, Abhishek Deshpande, senior oil analyst, Natixis, remains unconvinced by Vision 2030 – an ambitious programme that sets out Saudi Arabia’s plans to diversify. Writing for City AM, Deshpande highlights the factors that have led to calls for Saudi’s economic renewal: slowing growth, vast government …

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