Oil Analyst Sen Sees Brent at $100 by Halloween

The video discusses the trends and forecasts for oil prices, particularly Brent crude, highlighting a potential rise to $100 by Halloween. It examines the factors influencing these trends, including market dynamics, hedge fund positioning, and macroeconomic concerns. The discussion emphasizes that while a temporary upswing is possible, the average price is not expected to exceed $100.

What does the speaker suggest about the potential for oil prices to exceed $100?

What is the significance of hedge funds being under positioned in crude oil?