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Podcast: Gaurav Sharma on what's in store for the oil market in H1 2020

Publication Date: 22 Jan 2020 - By ReachX Team By ReachX Team
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Macro Investment Strategies Environmental, Social & Governance Equity Commodity Multi Asset Global Energy

Ample supply, geopolitical upheavals and OPEC production cuts are just some of the factors weighing on oil traders' minds in 2020. Oil market analyst & commentator Gaurav Sharma discusses the various permutations and crude price direction with ReachX co-founder Rafael Samuel-Lajeunesse.

To listen to Gaurav Sharma's podcast on SoundCloud click here.

Sharma notes that the oil market has learned to live with geopolitical strife in the Middle East courtesy of a flood of non-OPEC barrels, with an additional 2.1-2.3 million barrel per day uptick in production growth forecast over 2020. Over a wide-ranging podcast, the oil market commentator also says much of the supply-side support is coming in the shape of US producers acting as a buffer against supply shocks. Furthermore, concerns over global demand are preventing oil futures from breaking their range-bound streak. 

Disclosure:

I have positions in the securities referenced in the contribution

I do not use any non-public, material information in this contribution

To the best of my knowledge, the views expressed in this contribution comply with UK law

I agree with the terms and conditions of ReachX

This contribution is for informational purpose and does not constitute investment advice nor is it an offer to sell or buy, nor is it a recommendation for any security.

ReachX Team

 

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