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.


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