Jason Bordoff sits down with David Fyfe, Chief Economist at the Gunvor Group, a global commodities trading house in Geneva Switzerland, to talk about the future of oil markets. David, who has more than 20 years of experience in oil and energy markets, previously was Manager of the International Energy Agency’s Oil Industry and Markets Division as well as editor of the IEA’s monthly Oil Market Report. They discuss: OPEC's November deal to curb production; the realities of peak oil demand; natural gas spot price markets; and the role of U.S. shale in response to an oil price increase.