Standard Chartered: Expect Oil to Rise Above $60

The video discusses the financial dynamics of OPEC, focusing on Saudi Arabia's economic challenges due to oil prices and reserve pressures. It highlights the impact of the dollar's strength on Dubai's economy, emphasizing tourism and diversification. The video concludes with an optimistic outlook on oil prices, expecting a rise due to strong demand and market adjustments.

Discuss the implications of capital outflows on Saudi Arabia's reserves as highlighted in the text.

What is the expected trend for oil prices by the end of the year as mentioned in the text?