Sanford C. Bernstein's Beveridge Sees Oil Around $76 in 2019

The video discusses the future of oil prices, highlighting predictions and uncertainties. It covers OPEC's fluctuating production decisions, demand concerns due to negative economic indicators from China, and inventory levels. The impact of non-OPEC supply and potential geopolitical risks, particularly related to Iran's oil exports and US sanctions, are also examined.

What is the forecasted oil price for next year mentioned in the text?

What impact do sanctions on Iran have on the oil market as described in the text?