Oil to Be Range Bound Near $60 a Barrel, Says CBA’s Haddad

The video discusses the impact of the September attacks on Saudi facilities on oil prices, suggesting that oil will remain around $60 per barrel unless global economic activity significantly increases. OPEC's production cuts support oil prices but are insufficient for a sustained upswing. The video also covers the 2020 outlook, highlighting loose monetary and fiscal policies, a bottoming out of manufacturing contraction, and reduced risks from US-China trade tensions and Brexit.

In what ways have fiscal and monetary policies been described as supportive for economic growth in 2020?

What are the implications of the US and China moving towards a trade deal for the global economy?