Dr. Fereidun Fesharaki forecasted that the long-term oil price would remain around $70 per barrel. He cited strong supply-demand fundamentals and increasing carbon costs. Geopolitical issues had minimal impact on supply due to OPEC’s excess capacity. Additionally, he discussed how evolving demands, especially from electric vehicles, and gas prices are affecting the market.
Stay the course, no need for tactical portfolio shift: Vikas Khemani
Vikas Khemani from Carnelian Asset Management suggests a portfolio focused on India’s long-term potential. Banking, financial services, and manufacturing are key sectors. Consumption, both discretionary
June 13, 2025