What is the significance of the US shale oil in the current oil market?
Won’t Have Enough of Right Type of Oil in Next 5 Years, Says Janus Henderson’s Kaleel
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The video discusses the long-term dynamics of the oil market, highlighting the impact of geopolitical tensions and supply constraints on oil prices. It emphasizes the role of US shale oil and the reliance on heavy oil from unstable regions like Iran and Venezuela. The discussion extends to commodities like gold and metals, which are influenced by geopolitical factors and US executive orders. The video concludes with an analysis of supply constraints in base metals and their potential price impacts.
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According to the text, what could be the impact of geopolitical tensions on oil prices?
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