Will Oil Supply And Demand Be Stabilised Soon?
Wayne Tan, Oil Analyst, Bloomberg NEF
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China has recorded their worst Covid-19 cases and this has led to prolonged lockdowns and also tightened travel restrictions following the crash of China Eastern Aircraft on March 21 that has dampened demand for oil. But coupled with an increase of supply from the oil stock release from the US and International Energy Agency, how will these events drive oil prices? Wayne Tan, oil analyst at Bloomberg NEF shares his insights with us. Image credit: Unsplash.com
Produced by: Tan Chen Li
Presented by: Shazana Mokhtar, Wong Shou Ning, Tan Chen Li
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Categories: trends and forecasts, markets
Tags: Chinese oil market, oil, global oil market, china, oil prices,