SaxoTV

Hansen: Oil rallies but no real recovery until 2016 and here's why!

601 views
September 01, 2015 2016, azerbaijan, brent, brent crude, brent price, brent wti, commodites, commodities, commodities markets, commodities prices, commodities supply, commodities trading, commodity, commodity investing, commodity market, commodity markets, commodity oil, commodity outlook, commodity prices, commodity strategy, commodity trading, eia, glut, hansen, iran, iran oil, iranian, iranian oil, iranian oil exports, kazakhstan, oil, oil commodities, oil demand, oil market, oil markets, oil news, oil price, oil prices, oil producers, oil production, oil rally, oil recovery, oil supplies, oil supply, oil trading, ole, ole hansen, ole hansen commodities, ole hansen saxo, ole s hansen, ole saxo, olehansen, oleshansen, opec, opec bulletin, opec production, rally, rally vs recovery, recovery, russia, russia oil, russia oil production, saxo, saxo bank, saxo bank commodities, saxo bank group, saxo bank ole hansen, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, supply, supply and demand, supply glut, trader, traders, trading, trading brent, trading commodities, trading floor, trading floor saxo tv, trading oil, trading strategy, trading wti, trading wti crude, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv, tradingfloorcom, us oil, us oil production, wti, wti and oil, wti brent, wti crude, wti crude oil, wti crude prices, wti export russia, wti price, wti russia, wti supply, wti us
Oil has rallied recently with WTI seeing its biggest three day gain in 25 years. Here Saxo Bank’s Ole Hansen explains what is driving prices higher and why he thinks a proper recovery won't happen before the end of 2016.

Hansen looks at how the rally may impact Russia, Kazakhstan and Azerbaijan which are some of the producing countries hit the hardest by low oil prices.

Hansen also explains what fundamentals likely to impact the delicate balance between supply and demand in coming months and where he thinks the oil price will go from here.