Vandana Hari On Oil Amid Russia-Ukraine Tensions

The transcript discusses Europe's energy dependency on Russian gas and oil, highlighting the potential global economic impact if supplies are disrupted. It explores possible solutions, such as an Iran nuclear deal and strategic petroleum reserve releases, but notes these are temporary fixes. The role of strategic reserves and market predictions are examined, with concerns about a protracted conflict affecting supply. Finally, it covers oil price forecasts for 2022, considering factors like demand growth and OPEC Plus actions.

In what ways could the U.S. Strategic Petroleum Reserve (SPR) releases impact oil prices?

What are the expected average oil prices for the second quarter according to JP Morgan?