Monday, July 14, 2008

Moneycontrol India :: News :: Oil to stay at $110-120/bbl this yr: Merrill Lynch :: :: FII View :: Mark Mathew ,Merriyll Lynch

Moneycontrol India :: News :: Oil to stay at $110-120/bbl this yr: Merrill Lynch :: :: FII View :: Mark Mathew ,Merriyll Lynch: "Yes, it would be one of the least preferred markets in Asia if the oil prices stay high. We did an Oil Sensitivity Analysis two weeks ago using seven variables to measure the impact of high oil price on economies and stock markets across Asia and I am afraid that India did not square very well."

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