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The Business Station
Oil Markets: Can More Be Done to Support Prices?
11 mins·08:45, 15 Apr 2020
Oil Markets: Can More Be Done to Support Prices?
11 mins
·
08:45, 15 Apr 2020
·
Recommended
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.
Presenter: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang
Producer: Roshan Kanesan
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