Oil Analyst Sen Not Ruling Out $100 Crude This Year

The video discusses the decline in US shale oil production and the role of OPEC, particularly Saudi Arabia, in managing oil supply. It analyzes current oil prices, market demand, and future predictions, highlighting the impact of easy monetary policy and liquidity. The concept of reflation trade is explored, with differing opinions on market sentiment. The video concludes with challenges in oil supply and a positive future demand outlook.

What factors are influencing the current oil production levels in the United States?

How has OPEC's management of the market impacted oil prices?

What are the expectations for shale production recovery in the near future?

What is the significance of the futures market in relation to current oil prices?

What challenges might arise if oil prices exceed $60.00?