Barclays Analyst Sees Extreme Pricing for Physical Oil

Lydia Rainforth, European energy and energy transition research head at Barclays, discusses energy markets as oil steadies on signs the US and Iran may extend a ceasefire and restart talks to end the war. "We've lost 10 million barrels a day of supply," Rainforth tells Bloomberg Television. "That sort of scale that I don't think the markets are pricing," she adds.