Oil prices rose initially in the immediate aftermath of Saudi Arabia's unilateral decision to reduce output by a million barrels per day from July.

However, prices have since declined after analysts highlighted rising global supplies and concerns about demand growth just ahead of key inflation data and a US Federal Reserve meeting that concludes on Wednesday.

So what is the price outlook for global benchmarks moving forward?

On Money in the Market, Hongbin Jeong speaks to KangWu, Head of Global Demand and Asia Analytics CEO for S&P Global Commodity Insights, to find out more. 

Oil prices rose initially in the immediate aftermath of Saudi Arabia's unilateral decision to reduce output by a million barrels per day from July.
However, prices have since declined after analysts highlighted rising global supplies and concerns about demand growth just ahead of key inflation data and a US Federal Reserve meeting that concludes on Wednesday.
So what is the price outlook for global benchmarks moving forward?
On Money in the Market, Hongbin Jeong speaks to Kang Wu, Head of Global Demand and Asia Analytics CEO for S&amp;P Global Commodity Insights, to find out more.

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Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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