Iran's production of oil might double,
Good news for consumers in Asia and the World over. But with Chinese and Indian showing growth slowing if not stalling, demand slack is expected.
Iran has the 4th largest reserves. It helps US , UK, Netherland companies who might help petroleum extraction.
Gulf stock markets should see pressure.
Dollar and Yen will benefit as there could be demand for these currencies.
This blog is not intended as an Investment Advice. This academic work is without any risk or responsibility.
Good news for consumers in Asia and the World over. But with Chinese and Indian showing growth slowing if not stalling, demand slack is expected.
Iran has the 4th largest reserves. It helps US , UK, Netherland companies who might help petroleum extraction.
Gulf stock markets should see pressure.
Dollar and Yen will benefit as there could be demand for these currencies.
This blog is not intended as an Investment Advice. This academic work is without any risk or responsibility.
No comments:
Post a Comment