Audio commentary: The outlook for oil in a period of demand destruction

Apr 20, 2020 | Tom McGill


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Oil market expert Michael Tran, Managing Director and Global Energy Strategist with RBC Capital Markets, joins Janet Engels, Head of the Portfolio Advisory Group – U.S. to discuss the energy shock waves impacting oil prices. Their conversation examines whether the headwinds of demand destruction will outweigh the recent agreement to curtail supply, and the outlook with oil prices down 70%. They also highlight unique insights gained from RBC Elements that could help to identify a turn.

 

Listen here (approximately 20-minute duration).

 

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