Brent Crude Falls Below $74: Impact On Global & Indian Markets Analyzed | U.S Recession Concerns!

Oil prices continued their decline, with brent crude below the 74 $ per barrel mark. this after reports suggested that Libya's oil production would be restored, along with OPEC+ plans to raise the same amid weakness in the Chinese economy. What will this mean for the oil prices going ahead? Is a revival in demand for crude likely soon? Is the decline in crude prices a good sign for Indian market, especially for the oil marketing, paints, cement industries? We discuss all this on tonight's edition of Rush Hour with Bjarne Shcieldrop, Chief Commodity Analyst, SEB (Norway). Additionally, we also touched upon the U.S. markets and discussed if recessionary fears are back on the table. Listen in to this insightful conversation!

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