Highlights Platts Analytics expects Dated Brent to ease toward $66/b by year end Platts WIM at $13.029/MMBtu July 9, up nearly $4 from two months earlier High oil prices to have cascading effect on manufacturing, fertilizers: CRISIL The double-whammy of both global oil and gas prices surging is threatening to dim the chances of a sustained energy demand recovery that India is expecting after a long period of slow growth, clouding the outlook for spot LNG and crude oil purchases. Receive daily email alerts, subscriber notes & personalize your experience. Register Now With various sectors of the economy already starting to feel the pain of high fuel prices, industry sources said Indian oil and gas importers were mainly sticking to their term contracts and only occasionally picking up spot cargoes, a trend that is likely to continue in the near term. “High oil and gas prices bring bad news […]