Is the Oil Market Wrong to Rely on Increased Demand?

The video discusses the energy market outlook for 2017, highlighting a bullish perspective with expected price increases in the first half of the year. It covers trade predictions, supply and demand dynamics, and the impact of fiscal stimulus and regulations. The discussion also touches on China's strategic reserves and the US production landscape, particularly focusing on shale drillers' ability to adapt and increase production efficiently.

What are the potential impacts of fiscal stimulus on the oil market as discussed?

What is the significance of the term 'contango' in the context of oil supply?