Trifecta quoted in UPI on Saudi Arabia cuts

Sukrit Vijayakar, an analyst at Trifecta Consultants, told UPI that, with Trump concerned about economic growth and his re-election chances, he "appears to be willing to take any step he believes is likely to be necessary for capping the rise in oil prices.

Sukrit Vijayakar interviewed by Radio Sputnik, Russia

Sukrit Vijayakar, founder, was interviewed by Radio Sputnik today to comment on a statement by Austrian Chancellor Sebastian Kurtz that Europe would continue to promote the Russian-led Nordstream 2 project despite protests from the USA.

Trifecta quoted in UPI on Saudi Arabia cuts

Sukrit Vijayakar, analyst at Trifecta Consultants, separately told UPI that Saudi Arabia, and the trade talks between the United States and China, are two important factors for crude oil prices, as is economic growth in other parts of the world. As for Saudi Arabia, "its latest cut is more involuntary than otherwise, It should reinstate that supply when the field it has shut down for repairs goes back onstream," Vijayakar said.

Trifecta quoted in UPI

"From its low of close to $50 (Brent) in early January, oil prices have risen 26 percent. Surely some profit taking is called for," Sukrit Vijayakar, analyst at Trifecta Consultants, told UPI.

Crude Oil Price Outlook 2019


  

Trifecta Consultants founder Sukrit Vijayakar was in Panel Discussion on Outlook for Crude Oil Prices in 2019

 

 

 

Interview to Sputnik World - 23rd October 2018

There are many factors in the oil market that could cause prices to spook and the funds are following the old adage of "Be Long or Be Wrong"

In an interview to Sputnik World on 23rd October, Trifecta Consultants founder Sukrit Vijayakar stated that while the current news that Saudi Arabia would not retaliate against US sanctions with oil may have pushed prices down, funds still remain very significantly long.

The current long to short ratio of 8:1 is still very high although it is much lower than the ratio of 12:1 around a month ago, he cautioned.

 

 

 

Intervew to TRT World, Istanbul – 16 April 2018