sundararaman gopalakrishnan 18th Dec 2016 at 06:52 pm	Very well written,analytical and easy to understand.. Regards,
Rishi Sharma (Guest) 13th Dec 2016 at 05:08 pm	India could stand upto oil at $120 so why unnecessarily worry oil at $60.We had big bull market with oil soaring everyday to record heights in 2003-2008
Rajiv Goel 13th Dec 2016 at 03:51 pm	Agree 100% that likely will be capped at $60 per barrel prices ... around 4 years back I had reached the same conclusion give n that the marginal cost of shale gas/oil is significantly lower and that the switch-on/switch-off costs are very low and this can be done very fast. If I may add that there iare two more variables here that will likely th wart a major surge in oil prices. (1) It is extrem ely unlikely that China will have a surge in its demand given the state of its economy; and (2) The Russia &