A New Normal Ahead for Oil Outages?

The video discusses the dual nature of oil supply disruptions caused by conflicts, climate change, and low prices. It highlights the increasing role of weather in these disruptions and the structural issues in oil-producing regions like Nigeria and Libya. The changing role of OPEC and its impact on market volatility is also examined, emphasizing the challenges in predicting future oil supply.

In what ways do low oil prices affect oil-producing countries and their infrastructure?

What predictions can be made about future oil supply disruptions based on the current trends discussed?