Oil Analyst Sen Says Physical Crude Market Is 'Incredibly Tight'

The video discusses the current state of the crude oil market, highlighting the impact of the US-China trade war on prices and demand. Despite tight physical market conditions, flat prices have not reacted significantly. The discussion covers demand trends in Europe and Asia, with a focus on the effects of trade tensions. The video also explores the tightness in the market due to supply issues, particularly with heavy crude, and examines China's energy demand, noting a slowdown but not a collapse.

What factors are currently affecting crude oil prices according to the text?

How has the trade war between the US and China impacted the crude oil market?

What signs of demand destruction were observed in European countries?

What does the term 'backwardation' refer to in the context of the crude oil market?

What recent trends in energy demand in China were mentioned in the text?