Crude oil may fall to 120$ per barrel considering strong possible reason of Indo-US nuclear deal. US is very powerful player in economy of world and understand very well how to pressurise Indian economy as our oil import is more than 70%.Also,one must keep in mind that who is creating tension betion Iran and Israel... US govt. has been wishing to take control over all oil exporting contries in the world as well as close control over neclear power generating contries sothat they could claim sigh of relief. Its all started from 100$ per barrel when there is uncertainty of nuclear deal.....crude oil prices are likely to come down as US is getting what they want. B'Coz " A pin lies in wait for every bubble."
