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Energy Aspects on Falling Crude Oil Prices

Virendra Chauhan, oil analyst at Energy Aspects, talks to NDTV about the falling crude oil prices and the decision by the Organization of the Petroleum Exporting Countries to cut 2015 oil demand forecast. He says it has come as a surprise but lower oil prices will stimulate demand ahead. He expects the demand to be at the 2014 level with a potential to a surprise to the upside.