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Expectations fading ahead of Doha meeting: Hansen

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April 14, 2016 2016, april 17, brent, crude, deal, demand, doha, freeze, glut, iea, iran, market, markets, meeting, nigeria, non-opec, oil, ole hansen, opec, price, production, qatar, russia, saudi arabia, saxo, saxo bank, saxo bank saxo tv, saxo bank tradingfloor.com, saxo tv, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotv, supply, trading, tradingfloor.com, tradingfloorcom, united states, us, wti
Oil prices have rebounded ahead of a meeting between OPEC and non-OPEC producers in Qatar to discuss a possible production freeze, but now expectations appear to be fading, says Saxo Bank’s Head of Commodity Strategy Ole Hansen.

He examines the likely outcome of the meeting and why pressure may have eased on producers to come to any agreement with firm commitments. Ole also looks at where oil prices may go next depending on the outcome of the April 17 meeting.