Video

Hakan Pasha, director of commodity derivatives at Credit Suisse, talks with Bloomberg's Sara Walker and Mark Barton in London about the outlook for oil prices, market volatility and consumption in U.S. and emerging markets. Oil prices have closed at all-time highs on 27 days this year, and motorists have curbed driving while airlines cut routes as costs increased. U.S. fuel demand declined 0.7 percent to 20.5 million barrels a day in the four weeks ended May 23 from a year ago, the Energy Department said yesterday.