BoAML - Oil prices to push higher into 2016

The slowdown in China’s economy combined with the U.S. shale production boom (see chart below) have caused oil prices to tumble. In this video Francisco Blanch, Head of Global Commodities and Derivatives Research at Bank of America Merrill Lynch examines the dynamics that will shape commodity prices into 2016. “For 2016 the outlook for oil is going to be very dependent on what emerging markets do”. Assuming EM stability, Blanch believes “ inventories will stabilise in the coming year pushing prices higher”. Watch the video below to see the rationale behind this view.


Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.