Brent crude oil price to be at $62-62.50 a barrel in Q1, 2020, says Sushant Gupta of Wood Mackenzie
Updated : January 07, 2020 02:11 PM IST
At 1 pm on Tuesday, Brent crude oil price was at $68.45 per barrel.
According to a Citi report, there was a possible retaliation and there could be attack on pipeline, shipping through Strait of Hormuz and this could lead to a huge spike in crude oil prices.
Rise in crude oil price was clearly because of a sentiment impact, said Sushant Gupta of Wood Mackenzie.
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