Oil Demand Does not Bode Well for Recovery Halff Says

Oct. 7 (Bloomberg) Antoine Halff, head of energy research at Newedge USA LLC, talks with Bloombergs Margaret Brennan about crude-oil demand and the outlook for oil prices. Crude oil retreated after a U.S. Energy Department report showed that inventories of gasoline and distillate fuel, a category that includes heating oil and diesel, increased as refineries bolstered operating rates. Oil also fell as the rising dollar reduced the appeal of energy to investors looking for an inflation hedge. (Source: Bloomberg)

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Halff Says Oil Demand Doesn't Bode Well for