Oil Range From $39 to $45 for Next Month: Daman Investments

The video discusses the recent 6% surge in the oil market, driven by factors like a potential fiscal deal, dollar weakness, and Norway's reduced capacity. It highlights the volatility in oil prices, predicting a tight range between $39 and $45, especially with the upcoming elections. The discussion also touches on Saudi Arabia's role in stabilizing prices. Additionally, the potential impact of a Biden victory on the Middle East, particularly in terms of economic and policy changes, is explored.

How does the potential fiscal deal and dollar weakness influence the oil market?

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

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What is the expected range for oil prices in the next month as mentioned in the text?

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What implications might a Biden victory have for the Middle East according to the discussion?

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What uncertainties remain regarding the impact of oil policies on the global market?

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