With the market rebalancing firmly in motion, oil prices are transitioning from relief rally to cyclical tightening, which the oil futures market is starting to feel. With supply below demand, Ehsan Khoman, Head of MENA Research and Strategy, considers whether the deficit has carved out a cyclical bottom in oil prices on today's podcast.

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Download: Oil prices transition from relief rally to cyclical tightening: The MUFG Global Markets Podcast (MP3)

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