Modi, Goldman give oil panel a headache
R. SURYAMURTHY
Mukherjee: Balancing act
New Delhi, Dec. 25: The discussions at next week’s meeting of the group of ministers on fuel prices will be in the backdrop of Gujarat poll results and a Goldman Sachs projection of a surge in the global price of crude.
The victory of BJP’s Narendra Modi in Gujarat has made the Congress jittery, while the US investment bank’s forecast spells more worry for policy-makers.
In its oil forecast for 2008, Goldman has said that prices could reach $105 per barrel and rule at an average level of $95.
No comments:
Post a Comment