Proactive Research oil analyst Zac Phillips tells Proactive London's Andrew Scott the underlying drivers still remain strong despite the dramatic pull back this week in the oil price.
''Structurally the oil market is still skewed towards the demand side which means any shortfall on the supply side will, in time, have an impact on the price and drive it up''.
''I think what we're seeing is a temporary aberration and it will come through''.
As part of the discussion, Phillips discusses Premier Oil (LON:PMO), Tullow Oil (LON:TLW), Hurricane Energy (LON:HUR), Bahamas Petroleum (LON:BPC), Union Jack Oil (LON:UJO) and Reabold Resources (LON:RBD)