Name: Tom Kloza's Discusses Crude Production
Uploaded: 2021-03-05T15:22:56.134
Duration: 10 min 33 s
Description: Tom Kloza, Global Head of Energy Analysis Oil Price Information Service, was surprised that OPEC left its oil productions as is. He says some investment banks are going to raise their expectation to $80 or $90 for brent in the next few days. He says it will take a while for refining to come back after the storms in the U.S. He adds there is a problem with oil prices moving up right now.

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om Kloza, Global Head of Energy Analysis Oil Price Information Service, was surprised that OPEC left its oil productions as is. He says some investment banks are going to raise their expectation to $80 or $90 for brent in the next few days. He says it will take a while for refining to come back after the storms in the U.S. He adds there is a problem with oil prices moving up right now.