Moneycontrol PRO

business

See crude in $90-100/bbl range next quarter: Fat Prophet

David Lennox, resources analyst at Fat Prophet says, he is expecting crude to trade probably between USD 90 and USD 100 per barrel. “We cannot see it wanting to go above that level, but we can certainly see risk perhaps on the downside. So, in the next quarter, that is the range that we would be looking for,” he adds.

first published: Jun 15, 2012 01:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347