Oil Market Is Tight, Citigroup's Morse Says

The video discusses the current state of the oil market, highlighting the impact of OPEC's decisions and the COVID-19 pandemic on supply and demand. It predicts future oil prices, considering market tightness and potential supply constraints. The dynamics within OPEC, particularly the UAE's strategic moves, are explored. The video also examines the role of shale production and Iran's potential impact on oil prices, emphasizing the complexities and uncertainties in the market.

What are the potential consequences of Iran's oil production on global prices?

How does the text describe the relationship between oil prices and US shale production?

What predictions are made regarding oil demand in the coming years?