StanChart's Khan Sees 2018 Oil Demand Over 1.6 Million Barrels a Day

The video discusses the dynamics of the oil market, focusing on U.S. oil production and its implications for OPEC. It highlights the expected breach of 10 million barrels per day by the U.S. and the potential impact on global oil prices. The analysis covers the fundamentals of the oil market, predicting Brent prices to consolidate lower in 2018. The video also examines global oil demand, particularly from Asia, and the role of non-OPEC supply, especially from North America. It concludes with a discussion on the demand-driven rise in oil prices and the significance of global economic growth.

Discuss the disconnect between market pricing and fundamentals in the oil market.

How does the U.S. oil production compare to that of Saudi Arabia and Russia?

What factors are contributing to the rise in oil prices at the start of the year?

What is the forecasted GDP growth for 2018 and its significance?

What is the expected global oil demand growth for 2018?