Oil Prices Should Be Higher Into Year End: Energy Aspects's Sen

The transcript discusses the recent OPEC+ meeting, highlighting the current harmony among members despite concerns about COVID-19 and demand in Asia and the US. It examines market fundamentals, noting China's quick recovery from COVID-19 and the impact of Hurricane Ida on hydrocarbon production. The discussion also covers OPEC+'s production outlook, questioning the ability of some members to increase production. The potential impact of additional Iranian production is considered, with timelines for its inclusion in market balances. Finally, the transcript addresses price projections, emphasizing the influence of natural gas prices on oil demand.

What are the current concerns regarding oil demand in Asia?

What is the significance of the harmony within OPEC Plus as mentioned in the discussion?

How does the easing of COVID restrictions in China affect oil demand?

How has the hurricane impacted hydrocarbon production?

What is the outlook for OPEC production in 2022 according to the discussion?

What are the expectations for Iranian production and its impact on the market?

What factors are influencing the current oil prices?