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Surveillance: US Resiliency with Fillion

Bloomberg Surveillance

00:00

Oil Market Outlook - Is China the Biggest Variable for Next Year?

China is going to be the biggest variable for next year, especially given all the uncertainties around Russian oil. Stronger dollar, obviously worries about continuous rate hikes and policy uncertainty are just not helping. We have very strong views about the EU embargo, but people are telling us, clients are telling us that Europe is going to go ahead with the embargo. And I think that's what's creating a lot of confusion in the market.

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