M.R. Raghu: Oil prices now go beyond the supply/demand equation
November 8, 2015
2015 has seen oil prices drop to a new low amid a glut of supply in the region. But how will this affect the GCC and MENA economies? Will there be an end to the current situation? And will the prices stabilise before the end of the year or do they have further to drop?
Peter Duke of Fidelity WorldWide Investment sat down with oil expert M.R. Raghu, Head of Research at the Kuwait Financial Centre, to discuss the current state of oil prices and what the future holds for oil prices in the region.