Sadad Al-Husseini, Husseini Energy owner & founder and former Saudi Aramco EVP of exploration and development, discusses OPEC's decision to extend crude production cuts.
IHS Markit's Victor Shum predicts Brent crude prices may settle around mid to high $40s per barrel as OPEC's compliance to production cuts falls.
Westpac's Justin Smirk says the U.S., now producing oil in larger quantities and more efficiently, is sidelining OPEC as a key determinant of prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Roberto Friedlander, Seaport Global, discusses oil prices and the energy sector ahead of an interim meeting of OPEC ministers later this month.
Alan Bannister of S&P Global Platts says oil prices have risen a little, but forecasts have dipped slightly due to continuing efficiency in U.S. shale.
Factors beyond OPEC and Russia's control, such as higher output in Nigeria, are affecting oil markets, says Azlin Ahmad from Argus Media Limited.
Oil markets won't rebalance until oil production and export figures fall, says Matt Smith of ClipperData.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.