Supply and Demand for the world’s oil
After the sharp fall in oil prices at the start of 2016 analysts predicted a health rebound as supply and demand stabilized. Today, global oil prices remain mired below $50 a barrel. What is the future of oil as the world’s most traded commodity? And what could change oil prices in short, medium and long term? Bloomberg’s Rudyard Griffiths talks to Rachel Ziemba Senior Research Analyst at Roubini Golobal Economics.