Oil prices have remained range bound since early June, in line with forecasts from Ehsan Khoman, Head of MENA Research and Strategy at MUFG. In this week's podcast, Ehsan takes stock of the transition and offers insight into why he believes that tepid demand growth, lingering US-Chinese geopolitical tensions and the clearance of the excessive inventory overhang will cap oil price upside over the summer period.

Click below to listen to Ehsan's analysis.

If you can't see the media player above, you can also listen to the audio file using the following link on your computer or mobile device. The podcast is also published on Apple Podcasts and Spotify.

Download: MENA regional prospects in the second half of 2020: The MUFG Global Markets Podcast (MP3)

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