Oil Demand Fears 'Are Premature,' Analyst Sen Says

Rita Sen discusses the recent movements in oil prices, attributing them to market sentiment rather than changes in fundamentals. Despite high prices, demand remains strong in Asia and Europe, with some slowdown in the US. The summer driving season is expected to see increased demand, though US gasoline demand is slightly down. European gas prices face challenges, with potential rationing needed due to supply disruptions. Policy risks are significant, with governments considering measures like reactivating coal plants to ensure energy supply.

Discuss the impact of the Federal Reserve's interest rate changes on oil market sentiment.

What measures are being considered by the German government in response to energy demands?