Indias oil demand is growing amid the global volatility around crude supply and prices. The country has just 75 days of strategic oil buffer, while China, the top oil-importing nation ahead of India, maintains six months of cushion.
Analyst Anuj Gupta predicts moderately bullish outlook for crude oil with prices likely to remain at current levels due to higher supply from non-OPEC producers and patchy demand from China and Eurozone. Middle East tensions and US dollar strength also impact prices.
The dour outlook on the U.S. economy is shifting, but one area where many Americans continue to struggle is the cost of housing. High home prices and mortgage interest rates