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OPEC sights set for now on $50-60 per barrel oil: PIRA’s Ross
October 4, 2016 by creative · Leave a Comment
OPEC producers have their sights set on a sustained oil price of $50-$60 per barrel, a modest ambition for the first cut in supply by the oil exporting group in eight years, says one of the industry's top forecasters. Benchmark U.S. oil prices have risen around $4, or around nine percent, to over $48 per barrel since the Organization of the Petroleum Exporting Countries (OPEC) agreed last week to …
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OPEC sights set for now on $50-60 per barrel oil: PIRA’s Ross
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U.S. retail group expects pickup in holiday sales growth
October 4, 2016 by admin · Leave a Comment
U.S. holiday sales will increase by 3.6 percent in 2016, more sharply than last year, as a stronger job market and robust household spending have improved consumer sentiment, according to an outlook from the leading retail industry group. The National Retail Federation forecast sales for the last two months of the year at $655.8 billion, excluding for autos, gasoline and dining out. The NRF's forecast is one …
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U.S. retail group expects pickup in holiday sales growth