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

Apr 17, 2020 | RBC Wealth Management


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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.

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

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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Analysis