SaxoTV
Oil is above $60/barrel - but will it stick? — #SaxoStrats
424 views
Brent crude has hit 2015 highs, and Saxo Bank’s head of commodity strategy Ole Hansen asks if these recent moves have peaked.
The direction is being driven by ‘old news’ of Opec’s production cut extension being likely to continue further into 2018, says Hansen, who also looks at increased investor interest in Brent crude and WTI.