Energy & Petrochemicals #brent crude#crude oil
Crisil Forecasts Brent Crude at $90-95/barrel, Warns of India CAD Risk
Crisil Intelligence projects Brent crude averaging $90-95 per barrel this fiscal, a 32% increase from fiscal 2026, driving India's current account deficit to 2.2% of GDP from 0.6%. The rating agency noted that despite potential resolution of West Asia tensions, elevated energy prices will persist due to supply normalisation delays.
Jun 18, 2026 1 source