USD 100/barrel crude on screen could cost nearly USD 145/barrel in physical market: Kotak Securities
Mumbai (Maharashtra) [India], October 5 (ANI): Physical crude oil prices could be significantly higher than benchmark rates as soaring shipping costs widen the gap between quoted and actual market prices, with a USD 100-a-barrel screen price potentially translating into nearly USD 145 per barrel, said Anindya Banerjee, Kotak Securities Head of Commodities Research. In an interview with ANI, the analyst said the o
Mumbai (Maharashtra) [India], October 5 (ANI): Physical crude oil prices could be significantly higher than benchmark rates as soaring shipping costs widen the gap between quoted and actual market prices, with a USD 100-a-barrel screen price potentially translating into nearly USD 145 per barrel, said Anindya Banerjee, Kotak Securities Head of Commodities Research. In an interview with ANI, the analyst said the o