Quite Constructive on Energy Prices, Conning's Franklin Says

The video discusses the copper market, highlighting the falling inventories and the lack of market response due to demand sentiment drivers. It explores the impact of China's infrastructure investments on copper demand. The video also covers ways to gain exposure to the copper market, such as trading futures and investing in companies benefiting from rising prices. Additionally, it analyzes the oil market, focusing on the Saudi situation, US production, and potential OPEC agreement impacts. The video concludes with a forecast of oil prices, emphasizing a tight supply picture and healthy price levels for oil majors.

What is a key factor affecting copper prices in the near term?

• Supply levels

• Technological advancements

• Demand sentiment

• Government regulations

Which investment strategy is considered the purest way to gain exposure to copper?

• Buying copper jewelry

• Trading copper futures

• Purchasing copper coins

• Investing in copper mining companies

What might cause the Saudis to increase oil production?

• To increase their market share

• To decrease global oil prices

• To stabilize the OPEC agreement

• To make concessions towards the US

What is the expected trend for energy prices heading into 2019?

• Prices will remain stable

• Prices will remain tight

• Prices will fluctuate wildly

• Prices will decrease significantly

What seasonal factor is affecting US oil inventories?

• Hurricane season disruptions

• Increased demand during winter

• Refinery maintenance scheduling

• Holiday travel spikes