Blast at Saudi Port 'More of the Same': Oil Strategist Johnson

The video discusses the current state of the oil market, focusing on geopolitical risks, supply dynamics, and the impact of COVID-19. Bernadette Johnson provides insights into the political risk premium in oil prices, the potential lifting of Iran sanctions by the Biden administration, and the challenges faced by OPEC+. The discussion also covers the role of Russia in the OPEC+ alliance, demand trends in China and India, and the reaction of the US shale market to current oil prices.

How do political risks affect the pricing of oil?

What are the expected trends in oil demand as economies recover from the pandemic?

What are the implications of the US shale production on the global oil market?