UBS expects 'quite sharp gains' in oil in 2019

Dominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be "underestimating" the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels.
Wed, Dec 26 20186:45 PM EST