ING: Brent To Average $76/bbl Over 2022

The video discusses the oil market's potential surplus in the coming year, driven by non-OPEC supply growth. It explores the impact of geopolitical events, such as the Ukraine situation and Iranian nuclear talks, on natural gas prices. The European gas market's volatility is highlighted, with Nord Stream 2 delays affecting supply. The metals market is analyzed, focusing on China's construction slowdown and its effect on steel and iron ore prices, while aluminium is expected to see price increases due to structural deficits.

What are the potential consequences of further European lockdowns on the oil market?

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What are the implications of the Nord Stream 2 project on European gas prices?

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What is the expected impact of construction demand on metal prices in China?

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