Brent May Rise to $90 by Mid-2019, CBA's Dhar Says

The video discusses the geopolitical implications of Saudi Arabia's oil policies amidst the Jamal Khashoggi controversy. It explores the potential for Saudi Arabia to use oil as a political weapon, a significant shift from their historical preference for prioritizing petroleum over politics. The discussion also covers the impact of upcoming Iran sanctions on global oil supply, predicting a possible increase in oil prices due to reduced Iranian exports and potential Saudi threats. The video forecasts Brent crude reaching $90 a barrel by mid-next year, with the possibility of earlier price hikes depending on geopolitical developments.

In what ways could the situation surrounding Jamal Khashoggi impact oil prices?

What factors might influence Saudi Arabia's decision to prioritize petroleum over politics?

How might global pressure and sanctions affect Saudi Arabia's oil production policies?

What are the potential implications of Iran's expected loss of oil exports on the global oil market?

What predictions can be made about Brent oil prices in the context of current geopolitical tensions?