Oil prices could fall to $60: Will petrol and diesel get cheaper for the common man?
· livemint.com
Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns. While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely. The impact on consumers may be limited due to taxes and refinery costs in India.
Mark Matthews, Managing Director at Julius Baer, recently told NDTV that crude oil prices could fall to around $60 a barrel. His outlook comes as a positive sig...