The Supply Risks Driving Oil to a Three-Year High

The video discusses recent changes in the oil market, focusing on the WTI rally and its causes, including supply issues from Canada and infrastructure challenges in the Permian. It analyzes the price spreads between WTI and Brent, highlighting the impact of EIA projections and OPEC deals. The discussion also covers geopolitical factors, such as the US decision to stop buying Iranian crude, and their effects on global oil supply. Finally, it suggests investment opportunities in US oil companies with limited hedging and good infrastructure access.

What is one of the main reasons for the recent rise in oil prices?

• Supply issues from Canada

• Increased demand from Europe

• Decrease in global oil consumption

• New oil discoveries in the Middle East

What infrastructure challenge is affecting oil transportation from the Permian Basin?

• High transportation costs

• Insufficient pipeline capacity

• Environmental regulations

• Lack of skilled labor

What was the expected impact of the OPEC deal on oil prices?

• Increase in WTI prices

• Increase in oil demand

• Decrease in Brent prices

• Stabilization of global oil prices

How might the US decision to stop buying Iranian crude affect the oil market?

• Increase in US oil production

• Decrease in global oil prices

• Increase in Iranian oil exports

• Further supply shortages

Which US oil players are suggested for investment due to their limited hedging and infrastructure access?

• Companies in the Permian Basin

• Middle Eastern oil companies

• Companies in the Bakken and Eagle Ford

• European oil companies