What role does OPEC play in stabilizing oil prices according to the conversation?
JPMorgan's Malek Sees Oil Normalizing Towards $100/Bbl
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The transcript discusses the dynamics of bond and commodity markets, focusing on the new normal for yields and prices. It highlights the role of OPEC and Saudi Arabia in managing oil price volatility, considering factors like spare capacity and global demand. The analysis suggests that oil prices may stabilize around $100, with potential fluctuations due to geopolitical events and market demand.
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What are the potential consequences of a volatile supercycle in the oil market?
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