Mark Keenan, Head of Commodity Research – Asia at Société Générale, comments the commodity market
In a recent video interview with CNBC TV18 channel, Mark Keenan explains that Brent crude prices to slide further in this quarter before increasing again back to trade higher from today current levels. For 2016, Mark Keenan is expecting to see crude oil averaging about USD 60 per barrel.
"Gold's ability as a safe haven has disappointed. Last year, it fell despite a lot of uncertainty. It is likely to continue to fall. We see gold at USD 1050 per ounce toward the end of the year. It may average USD 1,000 next year."
Mark Keenan, Head of Commodity Research – Asia at Société Générale
To watch the video interview, please click on the picture below or visit:www.moneycontrol.com