Oswald Clint Says Oil Price Should Remain Stable

The transcript discusses the dynamics of the oil market, focusing on OPEC's production cuts and their impact on market stability. It highlights the role of shale producers and potential risks, while also examining the unexpected cooperation between Saudi Arabia and Russia. The discussion suggests that while short-term volatility may occur, the overall trend points to stable or rising oil prices due to robust demand and disciplined supply management.

What factors are contributing to the rising oil prices according to the text?

How does the speaker view the impact of shale producers on the oil market?

What are the potential risks mentioned that could affect oil prices this year?

What expectations does the speaker have for oil price stability in 2018?

What was the significance of the relationship between Saudi Arabia and Russia in the oil market?