Impact Of Fall In Crude Oil Prices On Mid-Cap Stocks

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December 4, 2014 at 8:55 pm #1274

Vidhi Khanna
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Impact of Fall In Crude Oil Prices on Mid-Cap stocks

Brent crude oil prices declined 38.9% from US$115.0/bbl on 19 June 2014 to US$70.3/bbl on 3 December 2014, while Indian crude oil basket prices fell 37.4% from US$111.9/bbl to US$70.1/bbl over the same period. We tried to figure out the impact of this fall in crude oil prices in terms of savings on raw material costs of companies in the mid-cap space under our coverage.

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