Tightness in the Oil Market Will Win Out: Energy Aspects' Sen

The video discusses the oil market's current state, highlighting signs of tightening as we enter the second quarter of 2019. It examines mixed signals in demand, with Europe appearing weak but improvements in Latin America and Asia. The supply side is driven by losses in Venezuela and Iran, along with OPEC cuts, affecting heavy and medium crude outputs. The Brent-Dubai spread is analyzed, showing market tightness. The video also covers OPEC's cooperation with Russia, with no mention of increased production, focusing on maintaining or adjusting current output levels.

How does the situation in Venezuela and Iran affect the oil market?

What was President Putin's stance on OPEC cooperation regarding oil production?