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Moneycontrol India :: News :: CNBC-TV18 Poll on crude: 33% see prices above $130/bbl :: :: Economy :: crude
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CNBC-TV18 Poll on crude: 33% see prices above $130/bbl
2008-05-07 15:56:04 Source : CNBC-TV18
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According to a CNBC-TV18 Poll on crude oil, 33% of respondents expect crude to peak above USD130/bbl.

 

67% of the respondents expect crude to peak above the USD150/bbl levels. 54% respondents feel that crude prices at USD150/bbl levels would slow down demand, while 33% respondents don't expect crude at USD 150/bbl to slow down demand.

 

13% expect crude prices at USD150/bbl to cause a slowdown with a lag effect.

 

Note: Web18, which owns Moneycontrol.com and CNBC-TV18 belong to the Network 18 Group

 

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