Barclays' Cohen Offers Outlook on Recent EM Turmoil

The transcript discusses the impact of emerging markets, trade tensions, and US energy policy on global oil demand and prices. It highlights concerns about demand growth, the removal of subsidies, and the effects of geopolitical events like sanctions on Iran and Venezuela. The discussion also covers US oil production dynamics, including constraints and the shift in focus from incremental drilling to returns. The future challenges in the oil market, such as supply constraints and demand concerns, are also addressed.

What is the significance of the elasticity of demand in the context of the oil market?

How do geopolitical factors influence oil supply and demand dynamics?

What are the expected oil price forecasts for 2020 and 2025, and what factors contribute to these predictions?