04.07.2016 - Focus back on oil fundamentals as Brexit dust settles
It’s back to square one in the oil markets after last week’s Brexit-induced volatility. Oil prices are expected to focus back on supply dynamics after posting the best quarter since 2009. “Market participants have realised that a slowing UK economy will have minimal impact on the levels of global demand for oil, and as a result prices are expected to continue the path of least resistance upwards,” Vaqar Zuberi, Portfolio Manager & Senior Analyst within Mirabaud Asset Management’s Hedge Fund team told Gulf News...............................................Full Article: Source
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