Oil has posted a modest decline in recent days amid signs that supplies are rebounding while concerns linger about demand in China, the world’s biggest crude importer.

Observed exports from Iran have surged to 2.2 million barrels a day this month, and Turkey and Iraq have held a sudden flurry of talks as they seek to restart a major oil pipeline.

Efforts by OPEC+ linchpins Saudi Arabia and Russia to curb production have tightened the market. 

However, the demand outlook in China is clouded, and there are signs US interest rates will need to stay higher for longer to rein in inflation.

So will oil prices rally again?

On Money in the Market, Emaad Akhtar speaks to Kang Wu, Head of Global Demand and Asia Analytics CEO at S&P Global Commodity Insights to find out more.

Oil has posted a modest decline in recent days amid signs that supplies are rebounding while concerns linger about demand in China, the world’s biggest crude importer.
Observed exports from Iran have surged to 2.2 million barrels a day this month, and Turkey and Iraq have held a sudden flurry of talks as they seek to restart a major oil pipeline.
Efforts by OPEC+ linchpins Saudi Arabia and Russia to curb production have tightened the market. 
However, the demand outlook in China is clouded, and there are signs US interest rates will need to stay higher for longer to rein in inflation.
So will oil prices rally again?
On Money in the Market, Emaad Akhtar speaks to Kang Wu, Head of Global Demand and Asia Analytics CEO at S&amp;P Global Commodity Insights to find out more.

Take a step back, refocus, and Reset with Lynlee.

Take a step back, refocus, and Reset with Lynlee.

Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world — from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what’s driving the headlines and where things are heading next.

Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.

Take a step back, refocus, and Reset with Lynlee.
Airing weekdays from 1pm to 4pm, the show brings clarity to the stories shaping Singapore and the world &mdash; from current affairs and global developments to business trends and industry shifts. Through insightful conversations and fresh perspectives, Lynlee explores what&rsquo;s driving the headlines and where things are heading next.
Featuring segments like Viewpoint, Industry Insight and Suite Talk, Reset goes beyond the noise to offer thoughtful analysis, real-world context and ideas that help you recalibrate for the rest of your day.