Oil Prices Will Move Higher in Second Half: Beveridge

The video discusses the current state of the oil market, focusing on the impact of Saudi Arabia's oil production cuts and the economic environment in the US. It highlights China's strong oil demand driven by increased mobility and travel, despite slower growth in other sectors. The video also examines oil pricing, noting discounts on Russian crude and the implications for China and India. Finally, it analyzes the performance of upstream and downstream sectors in China, suggesting a preference for upstream investments due to muted recovery in chemical demand.

What are the potential outcomes for oil prices in the second half of the year?

Discuss the implications of the muted recovery in China on oil demand.