StanChart's Brice Says Oil Prices Bottom Next Month

The video discusses the current state of the oil market, highlighting potential downside risks and the importance of OPEC's output cuts. It examines the supply and demand dynamics, noting the impact of US production and the Qatar embargo. The discussion also covers currency volatility, particularly the dollar's weakness, and its effect on oil prices. The video suggests that while short-term volatility exists, the long-term outlook for the dollar is weaker, especially against undervalued Asian currencies like the ringgit.

In what ways could the Qatar embargo affect oil demand in the Middle East?

What are the potential implications of a weaker dollar on oil prices?