In line with Asia. it is convergence of markets and in sympathy with the Asian and other global markets. Overseas investors sold Indian equity derivatives worth 19.15 billion rupees yesterday. So it looks a difficult day for Europe as it opens.
Oil Balance of Supply and Demand estimates for a tanking global economy:
Demand for OPEC crude is estimated at 29.4 mb/d in 2014. In 2015, required OPEC
crude is forecast at 28.9 mb/d.
http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR_December_2014.pdf
Oil Balance of Supply and Demand estimates for a tanking global economy:
Demand for OPEC crude is estimated at 29.4 mb/d in 2014. In 2015, required OPEC
crude is forecast at 28.9 mb/d.
http://www.opec.org/opec_web/static_files_project/media/downloads/publications/MOMR_December_2014.pdf
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