CIBC's Babin Sees Increasing Probability of $100 Oil

The video discusses the impact of political rhetoric, particularly from Trump, on oil prices. It examines Saudi Arabia's oil production capacity and the challenges of meeting global demand. The discussion highlights market risks, including geopolitical tensions and supply disruptions, and considers the long-term outlook for oil prices, emphasizing the importance of demand factors.

What factors are currently influencing oil prices according to the text?

How does the speaker perceive President Trump's impact on oil prices?

What evidence is provided regarding Saudi Arabia's spare capacity for oil production?

What are the potential risks to the oil market mentioned in the text?

In what ways does the speaker suggest that demand concerns could affect the oil market?