Neuberger Berman's Aka Sees an Oil Demand Story

The video discusses the dynamics of US crude inventories and OPEC's ability to work together, which has kept the market stable. It highlights the positive outlook on global growth, driving commodity demand and potential inflation risks. The discussion also covers the anticipated re-entry of US shale into the market as oil prices rise, and the implications for the energy sector.

What factors might influence the re-emergence of the shale sector at $70.00 a barrel?

What is the significance of the 40 to 60 range in oil prices according to the discussion?