CBA’s Dhar Sees Oil in $65 to $70 Range in 2H

The video discusses the factors influencing oil and gold markets. It highlights the impact of Gulf tensions and China trade talks on oil prices, emphasizing supply risks in the Middle East and Libya. Historical incidents like the Gulf wars are considered for potential escalation. Seasonal demand and supply factors, including hurricanes and gasoline stockpiles, are also examined. The video shifts to gold market trends, noting the influence of potential Fed rate cuts, US dollar weakening, and safe haven demand on gold prices.

What are the two main factors mentioned that have been critical in oil markets this year?

• Hurricane impacts and demand

• Gold price fluctuations and supply

• US-China trade talks and Gulf tensions

• Demand and supply tensions

What percentage of global oil exports is handled by the Strait of Hormuz?

• 40-50%

• 30-40%

• 20-30%

• 10-20%

What is the primary concern regarding oil supply disruptions in the US?

• Gold price fluctuations

• Trade tensions

• Peak summer demand season

• Hurricane impacts

What is the predicted price of gold by the March quarter next year?

• $1500 an ounce

• $1400 an ounce

• $1300 an ounce

• $1200 an ounce

Which factor is NOT mentioned as a support for rising gold prices?

• US real yields falling

• Potential Fed rate cuts

• Safe haven demand

• US dollar strengthening