Won’t Have Enough of Right Type of Oil in Next 5 Years, Says Janus Henderson’s Kaleel

The video discusses the long-term dynamics of the oil market, highlighting the impact of geopolitical tensions and supply constraints on oil prices. It emphasizes the role of US shale oil and the reliance on heavy oil from unstable regions like Iran and Venezuela. The discussion extends to commodities like gold and metals, which are influenced by geopolitical factors and US executive orders. The video concludes with an analysis of supply constraints in base metals and their potential price impacts.

What is the established price range for oil over the last decade?

• Below $40 and above $70

• Below $60 and above $90

• Below $50 and above $80

• Below $30 and above $60

Which country is considered a swing producer in the oil market?

• Canada

• United States

• Russia

• Saudi Arabia

What is a significant risk associated with heavy crude oil from countries like Iran and Venezuela?

• Lack of demand

• Geopolitical instability

• Overproduction

• High sulfur content

How do geopolitical tensions affect the trading of oil and gold?

• They are traded as political or currency items

• They are traded as regular commodities

• They are unaffected by geopolitical tensions

• They are traded less frequently

What is the impact of US sanctions on base metals?

• Supply constraints

• Increased supply

• Decreased demand

• No impact