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Oil prices could fall to $60: Will petrol and diesel get cheaper for the common man?

Oil prices could fall to $60: Will petrol and diesel get cheaper for the common man?

Key Highlights

  • Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns.
  • While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns. While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely..

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