Shorts Fall From Record as Oil Rebounds

Defying fears that Iran will only exacerbate the supply in oil, the commodity has had its biggest two-day rally in more than seven years. Crude is heading upwards of the $32 mark after dropping to its lowest in over 12 years last week. Bloomberg's Ryan Chilcote reports on "Countdown." (Source: Bloomberg)

StanChart's Brice Sees Shale Oil Costs Increasing
34:32 - Standard Chartered Bank Chief Investment Strategist Steve Brice discusses the price and production of oil. He speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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