Will Oil Hold Onto Gains?

Host Roukaya Ibrahim talks to BCA Research Chief Commodity & Energy Strategist Bob Ryan about the oil market outlook following the recent OPEC+ announcement of further production cuts. What is the reason behind the group’s surprise decision to cut output? Will US shale producers step in to fill the output gap? And will the cuts cause oil market fundamentals to tighten and push up oil prices on a durable basis?