This Is a Reality Check for Oil Industry, Says ANZ’s Hynes

The video discusses the impact of futures contracts falling into negative territory, focusing on the June contracts and the oil industry's challenges due to COVID-19. It highlights the weak demand for oil, especially in the aviation industry, and the potential impact of China's economic restart on oil demand. The video also explores the difficulties faced by airlines in capitalizing on low oil prices due to volatile market conditions and travel restrictions.

In what ways can airlines take advantage of low oil prices?

What is the expected trend for oil prices as travel restrictions ease?