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CNBC TV18 - Markets 94d ago
Crude oil seen at $70–80/bbl by May-end; Sunil Singhania flags market relief
Sunil Singhania, Founder, Abakkus Asset Manager, said that the near-term gains are likely in rate-sensitive segments, sustained momentum depends on foreign inflows and clarity on global conditions, especially energy supply routes.
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LiveMint - Markets 122d ago
Crude oil back above $90 a barrel. How elevated energy prices may impact various Indian sectors?
Crude oil prices surged to nearly $120 a bbl due to the US-Iran conflict, disrupting Middle Eastern energy production. Prices have fluctuated significantly, impacting global markets and raising concerns over economic repercussions, especially for India reliant on imports from the Strait of Hormuz.
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