Vandana Hari on OPEC+, SPR Release

The transcript discusses the political implications of reserve releases, the expected outcomes of OPEC meetings, and the market's reaction to strategic petroleum reserve (SPR) releases. It highlights the challenges in forecasting oil prices due to the ongoing Ukraine war and examines the dynamics between Brent and Dubai oil benchmarks. The discussion also covers the uncertainty in global supply and demand, and Russia's push for energy contracts in rubles, which could impact European gas markets.

What is the significance of the spread between the Dubai benchmark and Brent crude?

How might Russia's push to require energy contracts in rubles impact the market?

What are the potential long-term effects of the European gas market turmoil mentioned in the text?