The Real Deal with Iran, Global Oil Inventories

The video discusses Iran's threats to abandon uranium enrichment limits and the implications for global oil markets. Kevin O'Brien provides insights into global oil inventory data, highlighting a well-supplied market with significant contributions from China. The analysis delves into regional market dynamics, including steady US production and a recent decline in Iranian oil. The discussion also covers floating storage and the Iranian economy's resilience to sanctions. Finally, the video examines price divergence in the market, emphasizing the importance of real-time inventory data for understanding market trends.

What actions has Iran threatened that could impact the aluminum and copper industries?

How has the global market for oil changed year on year according to the data presented?

What trends have been observed in China's oil inventory over the past year?

What is the significance of the recent decline in Iranian oil production?

How do time spreads in the oil market reflect current market conditions?