Oil `Incredibly Vulnerable' to Disruption, Goldman Says

The video discusses the current tightness in the oil market, highlighting the high upside risk due to supply and demand vulnerabilities. It explores price expectations, noting the potential for prices to remain high or increase further. The impact of liquidity on market dynamics is examined, emphasizing the system's ability to handle price increases. Signs of demand destruction in energy markets, particularly in Europe and the UK, are also discussed, with a focus on manufacturing and transport sectors.

What expectations do analysts have regarding oil prices as we move into the spring?

In what ways has demand destruction been observed in the European power market?