Global Disruptions Trim Oil Glut

The transcript discusses the impact of $50 oil prices on distressed companies, banks, and the oil sector. It highlights market rebalancing due to disruptions in Nigeria and Canada, and the role of geopolitical risks in oil pricing. The conversation also touches on the unpredictability of oil prices and the influence of geopolitical tensions in regions like Nigeria, Venezuela, and the Middle East.

Discuss the impact of disruptions in Nigeria and Canada on oil production.

What are the expectations for oil prices in the near future according to analysts?