$85 Crude Is Citi's Base Case as Demand Falls: Morse

The video discusses the concept of recession, focusing on the supply-demand balance in the oil market. It highlights reduced demand expectations, particularly in transport fuels, and examines economic growth trends. The video also analyzes oil price projections, considering various factors like supply uncertainties and global economic conditions.

What has been the recent trend in oil demand expectations?

• Expectations have decreased.

• Expectations have become unpredictable.

• Expectations have remained stable.

• Expectations have increased significantly.

Which transport fuels are mentioned as having a downward demand trend?

• Biofuels and ethanol

• Electricity and hydrogen

• Natural gas and coal

• Diesel and gasoline

What is the expected impact of high oil prices on summer driving demand?

• It will stabilize demand.

• It will decrease demand.

• It will have no impact on demand.

• It will lead to a surge in demand.

What factors are considered in the supply-demand balance analysis?

• Only economic factors

• Only weather conditions

• Both inventory builds and geopolitical uncertainties

• Only geopolitical factors

How have Russian exports affected the oil market recently?

• They have been lower than anticipated.

• They have been higher than anticipated.

• They have remained the same.

• They have decreased significantly.