WATCH: Has the oil market recovered?

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China.
An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China.
Image: REUTERS/ STRINGER/ CHINA OUT

The oil price hit a three-month high on Wednesday and some analysts are suggesting that this is a sign that the oil price collapse is over.

Business Day TV spoke to Ed Moya from Oanda for his take on the situation.

Oanda's Ed Moya talks to Business Day TV about the oil price recovery


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