Vandana Hari of Vanda Insights discusses with Manisha Gupta the current trend in crude oil prices.

OPEC and Russia are holding talks to add 1 million barrels per day (bpd) into the market in terms of supplies to fill the gap for countries like Venezuela and Iran.

“We can expect to see continuing supply tightness even if that 1 million barrels per day is put back into the market as it barely makes up for the extra that was being removed inadvertently from the OPEC and non-OPEC countries,” said Vandana Hari.