Inside the Global Disruptions in the Oil Markets

The video discusses the dynamics of oil prices, highlighting the impact of Canadian oil sands and shale producers on the market. It examines the effects of supply disruptions in Canada and Nigeria on market equilibrium and compares current market conditions with historical events like the 1986 OPEC collapse. The discussion also covers the economic implications of oil prices on GDP and investments, and the correlation between oil prices and stock markets. The potential for market under-supply in the coming years is also addressed.

What factors are influencing the oil price in the near term?

How has the situation in Canada affected oil production?

In what ways does the current oil market differ from the situation in 1986?

What is the significance of the correlation between oil prices and the global economy?

What potential challenges do oil majors face in the coming years?