Oil Markets: Can More Be Done to Support Prices?

Roger Diwan, Vice President Financial Services, IHS Markit

15-Apr-20 08:45

Oil Markets: Can More Be Done to Support Prices?

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While the oil deal struck this week was historic, oil prices still remain under pressure with Brent prices dipping below $30 per barrel, we speak to Roger for his view on ways to better support oil markets better.

We also get into reasons the US has not committed to any cuts themselves, his thoughts around the Bloomberg report that Saudi Arabia slashed its selling prices to Asian customers what this signals for the price war and how far big oil consumers, like China and India, can support demand by adding to their strategic reserves.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang

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Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Social Issues, Investments

Tags: oil, OPEC, G20, brent, US, Russia, Saudi, China, India,

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