A quiet summer ahead for oil markets with downside price risks: The MUFG Global Markets Podcast

Oil prices have remained range bound since early June, in line with forecasts from Ehsan Khoman, Head of MENA Research and Strategy at MUFG. In this week’s podcast, Ehsan takes stock of the transition and offers insight into why he believes that tepid demand growth, lingering US-Chinese geopolitical tensions and the clearance of the excessive inventory overhang will cap oil price upside over the summer period.