Goldman's Currie: Oil Trading on Dollar, Not Fundamentals

The video discusses the current state of the oil market, focusing on the shift from an inventory glut to a product glut. It examines the global balance of oil supply and demand, highlighting the impact of Asian demand and the role of the dollar in oil price fluctuations. The discussion also covers the potential for future market changes, including the influence of US shale production and global supply disruptions. The overall market is seen as balanced, with no significant directional shifts in fundamentals.

How do the current fundamentals in the oil market compare to previous trends?

What is the significance of the time spread of Dubai prices in relation to Asian demand?

Discuss the potential impact of ECB and BoJ stimulus on oil prices.