Oil's Drop in 2018 Still Haunts Investors, Energy Aspects' Mallinson Says

The video discusses OPEC's decision to delay production cuts until June, considering market fundamentals and geopolitical uncertainties involving Venezuela and Iran. It explores the US's role in oil policy, highlighting the impact of shale production and domestic politics. The challenges OPEC faces with US sanctions on Venezuela and Iran are examined, along with predictions for oil prices based on supply and demand fundamentals.

How do the current market fundamentals influence OPEC's decision-making process?

What decision did OPEC make regarding production cuts and when is the next meeting scheduled?

What role does the United States play in the global oil market according to the discussion?

What are the implications of high oil prices for different states in the U.S.?

What challenges does OPEC face regarding the sanctions on Venezuela and Iran?