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Expect Brent crude to test $140 per barrel in short term: XM Australia

After two weeks of profit taking, commodities like crude and metals have bounced back quite strongly. In an interview to CNBC-TV18, Peter McGuire, CEO of XM Australia said 5-12 percent volatility in commodities market is not going to be uncommon.

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By Manisha Gupta  Mar 22, 2022 2:11:53 PM IST (Published)

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After two weeks of profit taking, commodities like crude and metals have bounced back quite strongly.

In an interview to CNBC-TV18, Peter McGuire, CEO of XM Australia said 5-12 percent volatility in commodities market is not going to be uncommon.
He expects crude to again test USD 135-140 per barrel in the short term.
Watch video for more.

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