The Supply Risks Driving Oil to a Three-Year High

The video discusses recent changes in the oil market, focusing on the WTI rally and its causes, including supply issues from Canada and infrastructure challenges in the Permian. It analyzes the price spreads between WTI and Brent, highlighting the impact of EIA projections and OPEC deals. The discussion also covers geopolitical factors, such as the US decision to stop buying Iranian crude, and their effects on global oil supply. Finally, it suggests investment opportunities in US oil companies with limited hedging and good infrastructure access.

What factors are contributing to the current WTI rally according to the discussion?

What are the expected impacts of the Syncrude Sands oil coming back online?

What are the systemic problems mentioned that could affect oil supply?

How is the OPEC deal affecting oil prices according to the speaker?

What is the speaker's target price for oil by the end of 2018?