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Bloomberg Surveillance

Surveillance: Oil Will Be Even Higher in 2 Years, Grisanti Says

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 17 May 2018

⏱️ 29 minutes

🧾️ Download transcript

Summary

Julian Lee, Bloomberg Oil Strategist, and Chris Grisanti, Grisanti Capital Management CEO, join us to discuss oil touching $80/barrel for the first time since 2014. Libby Cantrill, PIMCO Head of Public Policy, says the latest trade spat within the White House administration is emblematic of the deeper fissures in Washington. Federico Santi, Eurasia Group Associate, says the new Italian government is likely to set up a challenge for the European Union. Alberto Ramos, Goldman Sachs Co-Head of Latin America Economic Research, says the IMF cannot solve underlying debt problems in EM countries. 

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Transcript

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0:00.0

To me, context is about pattern recognition.

0:02.8

It's connecting the dots.

0:04.4

It's giving readers an ability to synthesize

0:07.6

a number of different perspectives

0:09.2

so they can understand how the greater whole works,

0:12.0

because nothing really occurs in isolation anymore.

0:14.4

I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion.

0:18.0

On our platform, we ask tough questions and solve complex problems with the facts in mind.

0:23.0

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene.

0:40.0

Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best

0:45.9

in economics, finance, investment,

0:48.1

and international relations.

0:49.8

Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com and of course on the

0:56.4

Bloomberg.

0:57.0

On to cross over to

1:03.8

to cross over to London quickly to catch up with Julian Lee,

1:06.4

Bloomberg's oil strategists for what's going on?

1:09.4

Julian, walk me through the moves?

1:11.6

I think there have been a number of things that have driven this last little leg up.

1:16.9

We had the US inventory data yesterday which showed another drop in stockpiles of crude and products.

1:25.8

I think that has sort of fed into a slightly more bullish view.

...

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