# Julius Baer sees crude oil at $60, India to gain 2026-08-17T08:11:02+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Crude oil prices could fall to $60 a barrel, which would benefit India, said Mark Matthews of Julius Baer in an interview with NDTV Profit. The decline would lower India's import bill and support the economy. Matthews also said the Korean market is currently very volatile, though Korean stocks are now fairly priced. He expects Asian markets to gain greater investor attention going ahead. NDTV Profit reported the views as Matthews' personal outlook. ## Coverage - ndtvprofit.com This story was synthesised by AI from the source linked above. Tags: crude oil, India, Julius Baer, Mark Matthews, NDTV Profit Canonical: https://indianopinion.org/julius-baer-sees-crude-oil-at-60-india-to-gain/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/julius-baer-sees-crude-oil-at-60-india-to-gain/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/