Prashant Vasisht

"The conflict in Middle-East and reported attacks on several oil producers would exacerbate the volatility in crude oil prices."

"the escalating conflict in the Middle East and reported attacks on several oil producers are likely to exacerbate volatility in crude oil prices."

"Sustained high crude oil prices are expected to moderate marketing margins and profitability of oil marketing companies."

"For every $10 per barrel increase in international crude prices, the rise in India’s import bill on an annual basis would be $13–14 billion."

"Shipping and freight costs will take 1-3 months to normalise due to dislocation of ships and market incorporating new rates cautiously."