CBA's Dhar on Commodities Outlook

The video discusses the current state of the oil market, focusing on geopolitical factors like the Russia-Ukraine conflict and China's COVID-19 lockdowns. It analyzes the impact on global oil demand and supply, particularly Brent crude prices. The discussion extends to China's economic strategies and their effect on commodities, as well as the influence of the US dollar on commodity prices. Finally, it explores investment opportunities in base metals, fossil fuels, and energy sectors, considering both short-term and long-term horizons.

What is the estimated percentage of global oil demand reduction due to China's COVID-19 lockdowns?

• 2-3%

• 3-4%

• 0.5-1%

• 1-1.5%

What is a key factor that could cause Brent crude prices to tighten significantly?

• Increased U.S. oil production

• Stabilization of the Russian supply

• Aggressive reduction of Russian oil imports by Europe

• Decreased demand from India

How might China's economic growth target affect commodity demand?

• It will have no impact on commodity demand

• It will reduce the need for property sector relief

• It will decrease demand for base metals

• It will lead to increased infrastructure spending

What is the expected impact of the U.S. dollar on commodity prices?

• It is a positive force

• It has no impact

• It stabilizes prices

• It is a negative force

Which commodity is expected to see a significant increase in supply by 2030 to meet climate targets?

• Gold

• Silver

• Copper

• Platinum

What is a short-term investment opportunity in the fossil fuel market?

• Biofuels

• Natural gas

• Coal

• Hydrogen

Which metals are highlighted as having long-term investment potential due to increasing demand?

• Iron and Steel

• Lead and Tin

• Copper and Nickel

• Aluminum and Zinc