Natural Gas, Oil to Stay Structurally Higher: Energy Aspects’ Sen

The transcript discusses the current energy market dynamics, focusing on supply constraints due to reduced Russian volumes and high Chinese demand. It highlights the impact of energy transition policies on gas and oil prices, with gas becoming a baseload for power generation. The discussion covers the implications of rising oil prices, OPEC's strategies, and the potential demand destruction in non-OECD countries. The role of Russia and the Nord Stream 2 pipeline in the global energy market is also examined.

What challenges does OPEC face with the current oil prices as discussed in the text?

What role does Russia play in the current energy market situation as described?