Saudis Are Overtightening the Oil Market Again, Says Vanda Insights’s Hari

The video discusses the oil market dynamics in 2019, focusing on OPEC's production cuts, particularly by Saudi Arabia, and the impact of global supply challenges due to sanctions on Venezuela and Iran. It forecasts oil prices to remain between $60-$70 per barrel, with potential volatility due to geopolitical factors and market adjustments. The second half of the year is expected to see significant changes due to new marine fuel regulations and increased Permian production.

What factors are expected to influence oil prices in the second half of 2019?

What changes are anticipated in refinery economics due to lower sulfur limits in marine fuel?