$60 Oil Is A ‘Wonderland’, Could Fall to $47: Citi’s Morse

The video discusses the impact of demand changes on oil prices, focusing on China and the US. It explores potential actions by OPEC and the implications for market dynamics, including inventory build-up and financial flows. The discussion also covers industry outlooks, cost analysis, and the role of Libya's supply in the market.

How do the speakers view the potential recovery of oil prices in the coming months?

What historical data was referenced regarding the costs of oil production?

How does the current situation in Libya affect the oil market according to the discussion?