The UAE is blocking an extension of the OPEC+ deal to gradually increase oil production until the end of 2022, arguing that its quota is unfair. As a result, oil prices have hovered at multi-year highs, but how sustainable is this trend? We discuss the outlook for oil markets and whether we’ll ever see a return to USD100 per barrel levels with Salih Yilmaz of Bloomberg Intelligence.

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Produced by: Philip See & Shazana Mokhtar

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar

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Categories:  Politics,  Social Issues,  Business Analysis,  Auto,  Trends and Forecasts,  Markets,  Environment,  Science,  law & legal matters,  Investments

Tags:  oil,  price,  stocks,  investments,  covid-19,  OPEC,  oil and gas,  UAE,