Oliver Wyman's Sam: Brexit Impact Is Muted in GCC

The video discusses the limited impact of Brexit on the oil and gas markets, highlighting the small market size of the UK in this sector. It explores opportunities for GCC countries to renegotiate trade agreements post-Brexit. The video also analyzes the current balance of oil supply and demand, noting the potential for increased supply from countries like Nigeria, Iraq, and Iran. It concludes by examining the role of shale producers as quasi swing producers, capable of adjusting production in response to price changes.

What factors are mentioned that could influence the oil supply in the market?

What is the role of shale oil producers in the context of oil price fluctuations?