Can Saudi's Declare Victory on Oil Price Battle?

The transcript discusses the impact of oil prices on global investment, particularly in the US shale industry, and the broader economic implications. It highlights the challenges faced by OPEC and non-OPEC countries in managing production cuts and the potential for oil prices to reach $70 per barrel by the end of 2017. The discussion also covers the effects of these dynamics on the bond market, inflation, and currency exchange rates, with a focus on the potential policy responses from central banks in Europe and the UK.

Discuss the potential impact of production cuts on energy prices.

What role do bond markets play in relation to energy prices and inflation?