Oil Heads for Fourth Weekly Gain

The video discusses the impact of OPEC's production cuts on the oil market, highlighting concerns about a potential deficit and the resulting price floor. It examines future market trends, with predictions of oil prices potentially reaching $100 per barrel. The video also explores global oil demand, noting increased activity in Asian and European markets as they seek alternative sources amid rising prices.

What factors are contributing to the increase in oil prices for Brent?

Discuss the potential future trends in oil prices based on current market conditions.