PineBridge’s Redha Sees Oil Staying Range Bound With Potential to Move Higher

The video discusses the potential impact of geopolitical risks on oil prices, particularly focusing on vulnerabilities in Saudi installations and the need for a risk premium. It also examines the supply-demand dynamics, highlighting the role of US shale production and midstream energy investments. The long-term outlook suggests that while oil prices may rise in the intermediate term, they are unlikely to reach $100 unless significant disruptions occur.

What are the implications of the vulnerabilities revealed in Saudi installations?

What is the long-term price outlook for oil according to the discussion?