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Last Updated : Jan 16, 2018 09:11 AM IST | Source: CNBC-TV18

I am more optimistic than before on Brent crude: Mark To

Oil prices trade near 3-year high. Brent crude prices are now near levels last seen before the start of an oil market slump in late 2014. In an interview with CNBC-TV18, Mark To, Head of Research at Wing Fung Financial Group shared his readings and outlook on the same.

CNBC TV18 @moneycontrolcom

Oil prices trade near 3-year high. Brent crude prices are now near levels last seen before the start of an oil market slump in late 2014. In an interview with CNBC-TV18, Mark To, Head of Research at Wing Fung Financial Group shared his readings and outlook on the same.

Oil prices are now enjoying the optimistic atmosphere, he said.

Fundamentals are supportive for crude prices, he added.

According to him, the global economy is going to have a strong recovery.

I am more optimistic than before on Brent crude, said To.

For full interview, watch accompanying video...
First Published on Jan 16, 2018 09:11 am
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