How Low Can Crude Go After Failed Doha Talks?

The transcript discusses the collapse of oil talks led by Saudi Arabia and its implications on the market. It highlights the predicted outcomes by financial analysts and the potential impact on non-OPEC production. The discussion covers the market's rebalancing, the role of major oil producers, and the significance of the Doha meeting. Despite the failed agreement, the market shows resilience, with limited reactions in equity markets and oil prices. The overall outlook suggests a gradual move towards market balance.

What does the speaker suggest about the likelihood of Saudi Arabia increasing production?

In what ways did the Doha meeting create a conundrum for oil traders?