IEA's Birol Says Full Impact of Shale Hasn't Yet Been Seen

The video discusses the optimistic outlook for oil demand despite global economic uncertainties, particularly focusing on China's role. It examines the supply side, highlighting OPEC's production decisions and the impact of US shale production. The technological advancements in US shale have significantly increased reserves, positioning the US as a major oil and gas exporter. The potential for the US to become a key supplier to China is explored, though trade disputes pose challenges.

What factors are contributing to the optimism about oil demand remaining high this year?

How might the economic growth in China affect global oil demand?

What are the implications of the US shale revolution on the oil industry?

How has the technological advancement in shale extraction impacted oil reserves?

What challenges does the US oil industry face in terms of production and supply?

In what ways could the US become a key supplier of gas to China?

What are the potential impacts of trade disputes on US LNG exports to China?