Oil Analyst Sen Has 'Very Little Confidence' in Weaker Demand

The video discusses the current state of the oil market, highlighting the strong demand data from China, India, and the US, despite weak base levels. It explores the disconnect between data and prices, the impact of inventory destocking, and the potential for price spikes. The discussion also covers the role of renewable energy and electric vehicles in diminishing oil demand, with a focus on the International Energy Agency's forecasts and the reality in emerging markets.

What factors are contributing to the current state of the oil market according to the discussion?

How does the speaker perceive the relationship between inventory levels and oil prices?

What is the significance of the International Energy Agency's statement on demand and renewable energy?

Discuss the implications of peak oil demand as mentioned in the text.

What are the main drivers of oil demand highlighted in the conversation?