StanChart's Brice Is Bullish Oil Through 2017

The transcript discusses the People's Bank of China's (PBOC) handling of market concerns, particularly regarding smaller lenders and debt obligations. It highlights China's economic management over the past years, focusing on liquidity injections and fiscal spending to address rising debt levels. The discussion then shifts to the oil market, analyzing US inventory data, OPEC output, and the impact on oil prices. The overall outlook suggests short-term challenges but potential growth in demand and economic recovery.

What is one of the main concerns for the PBOC in managing China's economy?

• Rising inflation rates

• Increasing debt levels

• Decreasing foreign investments

• High unemployment rates

What recent data has made it difficult for analysts to be optimistic about oil prices?

• Decreasing global demand

• OPEC's increased production

• Falling US dollar value

• Rising US inventories

What is the expected trend for global oil demand over the next year?

• A stable demand with no change

• A decrease of 2 million barrels per day

• A sharp decline in demand

• An increase of 1 to 1.5 million barrels per day

How has speculative positioning affected the oil market recently?

• It has stabilized the oil market

• It has had no impact on oil prices

• It has caused a surge in oil prices

• It has led to a decrease in oil prices

What is a key factor that could help close the excess supply in the oil market?

• A rise in global oil demand

• Increased production by OPEC

• A reduction in US oil exports

• A decrease in global economic growth