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Savary: Oil Production Restraint Is Now Very Important
The prospects for oil prices are very bad at the moment, says Francois Savary, chief investment officer at Prime Partners. Savary tells Daybreak Europe's Nejra Cehic and Roger Hearing that the stockpiles mustn't grow further, but in the medium term if there is a global recovery, and the OPEC+ production cuts are respected, oil prices should recover and demand should rise.
Apr 28, 2020