Nasdaq's Essner on OPEC+, Oil Market Outlook

The video discusses the volatility in oil prices due to market concerns about decarbonization and COVID variants. It highlights the impact of the omicron variant on oil demand, particularly jet fuel, and the market's resistance to further lockdowns. OPEC's decisions are analyzed for their impact on market credibility, with a focus on maintaining supply amidst uncertainty. The video concludes with a discussion on global demand stability, particularly in China and Asia.

What does the speaker suggest about the future of oil prices during the energy transition?

How does the market's reaction to OPEC's decisions reflect on its credibility?

What are the expected trends in oil demand in the context of global mobility changes?