Oil steadies as global economic slowdown looms
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Well oil prices took a knock earlier this week, as increasing signs of a global economic slowdown loom. But the Opec-led supply cuts have managed to cushion the blow a little as we've had Brent crude, maintain its price, just above the $60 a barrel level. Ivan Petrella from the Warwick Business School joins us on the line as he shares his perspective on the current situation playing out on the oil markets.