Brent Crude May Surpass $100 Amid 'Strong' Momentum: ANZ

The video discusses the dynamics of oil prices, highlighting the natural pullbacks and the influence of market fundamentals. It examines the role of demand and supply, particularly focusing on China's resilient demand and the tightness in diesel markets. The discussion also covers OPEC's role in stabilizing the market and the potential for oil prices to reach $100 per barrel, driven by strong demand and OPEC's policies. The video concludes with predictions on future oil prices, considering factors like central bank policies and market momentum.

What role does consumer demand play in the current oil market situation?

How might OPEC's actions influence future oil prices?

What are the potential risks that could affect oil demand moving forward?