Citigroup's Morse Says Market Is Underestimating Oil Supply Risks

The video discusses the dynamics of the oil market, focusing on supply and demand factors, geopolitical influences, and the roles of major players like OPEC, the US, and Russia. It highlights the potential impact of strategic reserves, market risks, and the influence of Petro states. The discussion also covers the challenges faced by OPEC in balancing supply with Russia's interests and the implications of US oil production on global markets.

What factors influence the number of barrels of oil that can be put into the market?

What role do wildcards play in the oil market according to the text?

How do seasonal changes affect refinery usage and oil demand?

What are the implications of the US becoming the largest incremental supplier to world markets?

Explain the significance of the failure of Petro states in the current oil market.

Discuss the impact of geopolitical factors on oil supply and demand.

How does the potential increase in oil supply affect market prices?