Oil Market Sentiment Still Quite Bullish, Vanda Insights' Hari Says

The video discusses the oil market's reaction to the US holiday and Iran's policy, highlighting OPEC's internal conflicts and supply strategies. It analyzes speculators' actions and market trends, and concludes with a discussion on price forecasts and influencing factors, emphasizing the balance between supply and demand, and the geopolitical influences on oil prices.

What are the expected effects of unforeseen outages in Libya and Canada on the oil market?

How do speculators' actions in the futures market reflect their expectations for oil prices?

What price range does the speaker forecast for crude oil by the end of the year, and what factors influence this forecast?