Three Things to Watch for in Oil Markets

The video discusses the current pressures on crude oil pricing, driven by the COVID Delta variant, macroeconomic factors, and technical market elements. It explores the divergence between energy equities and crude oil performance, highlighting recent earnings and market reactions. Secondary risks, such as transportation issues affecting jet fuel, are examined, along with potential market catalysts like OPEC decisions and China's import data. The future of shale production is also considered, with a focus on the shift towards renewables and the role of private companies.

What are the secondary risks to the energy market highlighted in the discussion?

What factors are being monitored to determine the next potential movement in the energy market?

How do the larger oil majors' production strategies differ from those of private companies in the current market?