IEA Chief Sees Tight Second-Half Oil Market Even With 'Sluggish' China

The video discusses the global oil demand, which is expected to increase by over two million barrels per day, with China contributing significantly. The potential for market tightness in the second half of the year is highlighted due to production cuts and China's economic performance. Additionally, the video addresses European gas prices, noting current storage levels but warning of potential issues if China's demand for LNG increases or if a harsh winter occurs.

What are the implications of the current gas storage levels in Europe?

What potential issues could arise from the expected LNG supply this year?