Seeing broad-based strength in crude demand globally: Energy Aspects
Oil prices extended gains, heading towards USD 68 dollar a barrel – levels last seen in late 2014- 2015.
In an interview to CNBC-TV18, Virendra Chauhan, Oil Analyst at Energy Aspects shared his views and readings on crude.
Chauhan said we expect Brent crude to rise to USD 70 per bbl in 2018.
He further said that global inventory of crude continues to come down.
We are seeing broad-based strength in crude demand globally, he added.
Watch accompanying video for more details.