Will the slump in crude stem the slide in the market?

With Brent crude falling to $65 from $82, the Sensex has recovered from the low hit in October

Published 3 years ago on Dec 06, 2018 1 minute Read

Gautam Duggad, head of research, Motilal Oswal Securities

Market sentiment has turned positive following the near $20 collapse in the price of crude. But a lot depends on developments in the crude market over the next two to three months. There is a talk of the Organization of the Petroleum Exporting Countries (OPEC) and other countries cutting oil production. Hence, one needs to wait and watch whether OPEC indeed walks the talk or not. Besides, crude what one needs to factor


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