Oil Prices, Iran, U.S., Iraq, Commodity Markets

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Jan. 4 (Bloomberg) -- Victor Shum, a senior principal at energy consultants Purvin & Gertz Inc. in Singapore, talks about the outlook for crude oil prices and global commodity markets. Oil traded near the highest level in almost eight months as investors speculated that tension over Iran and shrinking U.S. crude stockpiles will tighten supply amid signs of increasing global demand. Shum speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)


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