Oil prices have seen strong fluctuations in the past two months, hitting a four-year peak of $86 per barrel of Brent crude in early October, as fear and speculation about potential supply losses rose ahead of the reimpositions of sanctions against Iran by the US government.
Today, oil prices sit below $60 per barrel. Badar Munir Chaudhry, head of energy at Mashreq Bank, spoke to our editor about oil price fluctuation, supply and demand, and industry trends in different oil price environments.
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