US – China trade-related issues, developments in West Asia and outage at Saudi Aramco’s facility were some of the events that kept oil prices volatile all through 2019. London – based Paul Hickin, associate director at S&P Global Platts tells Puneet Wadhwa that S&P Global Platts sees India’s oil demand growing in 2020 as economic growth is expected to pick up, helped by the Reserve Bank of India’s (RBI’s) interest rate cuts. Edited excerpts:
What’s your outlook for Brent crude oil prices in calendar year 2020 (CY20)? What, according to you, are the biggest risks to oil prices in the