JPMorgan's Malek Still Sees Oil at $150-a-Barrel

The video discusses the post-COVID market dynamics, highlighting the volatility in demand and supply. It examines OPEC and Saudi Arabia's role in stabilizing oil prices, the challenges faced by US shale, and the lack of investment in global oil production. The super cycle thesis is explored, predicting a structural deficit in oil supply. The video also addresses Europe's energy challenges, particularly in light of China's potential demand for LNG.

What are the potential consequences of relying solely on OPEC to meet oil demand?

What is the author's outlook on the future demand for oil by 2030?

How does the text suggest that energy deficits in Europe could be addressed in the future?