HomeNewsBusinessMarketsCrude may head to $150-200/bbl in two years: Baer Cap

Crude may head to $150-200/bbl in two years: Baer Cap

Most analysts on the street feel that it will be difficult for India to achieve the desired growth unless crude rates simmer down. In an interview with CNBC-TV18's Mitali Mukherjee, Alok Sama, president and founder of Baer Capital said that higher crude prices will create a negative impact on India's growth.

March 22, 2011 / 22:52 IST
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Rising crude oil prices have created a new challenge for the domestic market, making it more volatile every passing day. Most analysts on the street feel that it will be difficult for India to achieve the desired growth unless crude rates simmer down. In an interview with CNBC-TV18's Mitali Mukherjee, Alok Sama, president and founder of Baer Capital said that crude is going to be a key issue for the domestic market to deal with and higher crude prices will create a negative impact on India

first published: Mar 22, 2011 09:21 am

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