Market Jefferies' Chris Wood initiates investment in HDFC Life, reduces weight in Bajaj Finance, HDFC Updated : September 20, 2019 10:57 AM IST In the report, Wood said that the investors should probably assume that oil stabilises for now in the $60-65 range, though the risk is to the upside. GREED & fear still believes that there will be one last bull market in oil before the end-of-the-fossil-fuel-era story turns out to be true. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.