Crude Oil Market Price May Hit $145 Despite $100 Benchmark
Kotak Securities' Anindya Banerjee said crude oil's physical market price could reach nearly $145 a barrel even if benchmark prices show $100, due to soaring VLCC shipping costs widening the price gap. He expects India to stay protected by ample refining capacity and diversified supplies. Banerjee also predicts RBI rate hikes in October and December amid abundant liquidity.
Economic Times·



