Oil Rebounds After SVB Roils Markets

The video discusses the current state of oil markets, highlighting the ongoing volatility due to factors such as Russian crude flow and geopolitical tensions. It examines the impact of aggressive monetary policies by the Fed and optimism over China's demand recovery. The market has been relatively stable compared to last year's volatility. OPEC's latest report suggests a potential surplus, indicating a bearish outlook, especially if Russian oil remains resilient to sanctions. US stockpiles are rising, and physical crude barrels show market softness.

How does the current oil price volatility compare to the previous year?

What signs indicate a potential bearish outlook for the oil market?