Goldman Sachs Says OPEC Could Rebalance Oil Market by April

The video discusses the high oil prices and OPEC's response, highlighting their 'shock and awe' strategy to regain market share. It examines the impact of foreign policy, particularly Iranian sanctions, on oil prices. The video also analyzes global oil demand, noting steady demand despite economic concerns. Challenges in Venezuela's oil production are explored, emphasizing the long-term nature of potential increases. Finally, the video considers OPEC's future strategies and the risks posed by US oil production.

What are the expected trends in oil demand for the upcoming months?

Discuss the impact of Venezuelan oil production on the global oil market.