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$100 oil looks set to stay

Apr 25 2012  Demand from emerging markets, instability in the Middle East, geopolitics - all have conspired to raise oil prices at a time when the global economy needs it least. Javier Blas, commodities editor, reports from the FT's Global Commodities Summit on why costs are hanging at around $100 a barrel and why many leading traders now see this as a floor for the price of oil.  (4m 58sec)
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Produced by Seb Morton-Clark. Filmed by Steve Ager. Additional footage: Reuters.
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