Epic Research Update : Jet Airways

Jet Airways came into jubilant mood on the hopes that the fall in international crude oil prices may improve the margins of the company. Brent crude oil fell to a 5-year low below $66 a barrel, sliding for a sixth consecutive session on signs of a growing supply glut. Prices fell by more than 4 percent in the previous session and are down 43 percent since June, as fast-growing U.S. shale output has hurt the ability of the OPEC to manage supply.



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Posted in: Indian Market Tips