Oil's rally last week was the result of speculative trade, not fundamentals, says Daniel Morgan, global commodities analyst at UBS.» Read More
Peter Botten, CEO of Oil Search, says the company's margins remain strong despite weaker oil prices. On Thursday, the oil and gas producer reported a 49 percent rise in first-half profit.
The price of crude oil could drop $3-4 from current levels on the back of oversupply problems and fears surrounding China, says Dominic Schnider, head of commodity & APAC forex at UBS Wealth Management.
Dan Yergin, vice shairman of IHS, says China-related jitters and the possibility of Iran adding to a global supply glut will shape a bearish outlook for the price of oil for at least a year.
Stephen Ma, head of Greater China equities at BMO Global Asset Management, says Chinese markets are seeing "signs of a perfect storm" in the short term on the back of a stubborn economic slowdown.
Daniel Hynes, senior commodity strategist at ANZ, expects further downside in the crude oil prices on the back of growing supply from the U.S. and Iran.
The supply glut, driven by technology, is the prime culprit behind the fall in oil prices, says Jim McCaughan, CEO of Principal Global Investors.
Tom Petrie, Petrie Partners chairman, weighs in on how supply and demand imbalance is driving the price of oil.
Despite the recent IEA report signalling strong demand growth, markets remain focused on oversupply woes thereby underpinning the bearish sentiment in prices, says Matt Smith, director of Commodity Research at ClipperData.
If the Iran nuclear deal is finalized and sanctions are lifted by year-end, the oversupply situation in oil could extend into 2017, says Alejandro Barbajosa, VP, crude Middle Eats and Asia-Pacific of Argus Media.
David Hewitt, co-head of global oil & gas equity research at Credit Suisse, discusses the possibility of oil prices falling to $30 a barrel.
Barnabas Gan, analyst at OCBC, says a persistent global supply glut will exert further downward pressure on oil prices.
John Key, Prime Minister of New Zealand, explains why the "perfect storm" in dairy prices will likely be short-lived.
Kevin Book, Clearview Energy Partners, shares his outlook on oil and gas prices.
Mark Mobius, executive chairman at Templeton Emerging Markets Group, says the tumble in oil prices is "purely sentimental and has no real relationship to long-term supply and demand."
Matt Smith, director of Commodity Research at ClipperData, expects Brent crude to fall to $45 and U.S. crude to hit near $40 a barrel, before staging a comeback.
Peter Bradford, managing director & CEO at Independence Group, says the company acquired Sirius Resources so as to strengthen its development pipeline and future cash flow.
Annalisa Jeffries, associate editorial director, Asia Metals at Platts, says sentiment for iron ore prices remains bearish, with analysts expecting a fall to $40 a tonne this year.
Dan Yergin, IHS chairman provides his outlook on the oil space as concerns surface over demand and market share.
John Kilduff, Again Capital Parnters, provides analysis on oil prices, China demand, production and the looming glut in diesel fuel.
Global commodity prices are grinding lower on the back of a stronger greenback, rising worries about oversupply and a weak demand, says Daniel Morgan, global commodities analyst at UBS.