VIDEO: Supply & demand fundamentals will keep oil low - Hodges

LONDON (ICIS)--We can expect to see low oil prices of around $30-50/bbl over the long term as real supply and demand fundamentals take over from price inflation caused by speculators and quantitative easing, according to International eChem chairman, Paul Hodges, who correctly predicted the current price crash in the middle of last year.

Click here to read Paul’s oil price outlook in the latest edition of ICIS Chemical Business
Click here to read Paul Hodges Chemicals & The Economy blog