Oil Prices to Remain Under Pressure, Says Panmure Gordon's French

The video discusses the dynamics of the oil market, focusing on the impact of shale production, global economic uncertainties, and geopolitical factors on oil prices. It highlights the role of OPEC and the influence of US policies, particularly under President Trump, on oil supply and pricing. The discussion also covers the economic implications of fluctuating oil prices, emphasizing the lag in demand response and the potential for future growth if current prices are sustained.

In what way do lower energy prices affect consumer demand over time?

What is the expected timeline for the impact of lower oil prices on economic demand?