The crude oil prices have gained four percent this week and is trading at $61 per barrel. This strength has come in on the back of various factors.
The US-China trade war, the decline in US inventories and markets looking at demand picking up in the Asian markets are some of the factors which have been keeping the crude oil prices alive.
In this episode, CNBC-TV18 talks to Ravi Narayanaswamy, senior director at IHS Energy and Mark Eramo, vice president, global business development at IHS Markit, on crude oil prices.