Crude Prices High Enough To Cause Concerns: Manish Sonthalia
Crude oil prices have climbed sharply amid continuing tensions in the Gulf, raising concerns for investors even as the underlying demand and earnings outlook remains strong. Manish Sonthalia, Director & Chief Investment Officer at Emkay Investment Managers Ltd., said his base-case scenario for Brent crude is $90 a barrel, while an RBI rate hike and Brent crude reaching $120 a barrel could be possible triggers for the market going ahead.
