Crude oil prices plunge globally, impacting energy and inflation outlook

Crude oil prices plunge globally, dragging down inflation expectations. Futures for Brent crude fell 12% to $67 per barrel, the steepest weekly drop in months. This sharp decline could ease input costs for refiners and transportation, while boosting RBI's room for rate cuts. A sustained drop may positively impact CAD and forex reserves.

📊 STOCKS: | 🏢 SECTOR: Commodities | #HIGHIMPACT #CrudeOil