Analyst Sen Doesn't See Sustained $100 Oil This Year

The video discusses the current state of the oil market, highlighting the tight supply and rising demand, especially in Asia post-COVID. It explores the sustainability of high oil prices, noting that income elasticity is stronger than price elasticity, which may prevent a demand slowdown. The discussion also covers the long-term outlook, emphasizing underinvestment in the oil sector and a policy mismatch as demand continues to rise despite energy transition narratives.

What factors are contributing to the rising demand for oil, particularly in Asia?

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How does the current oil price compare to historical prices, particularly in relation to inflation?

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Discuss the relationship between demand growth and price elasticity in the current oil market.

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What are the implications of geopolitical risks on oil prices according to the discussion?

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What is the expected impact of underinvestment in oil production on future supply?

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