Last week we visited the International Energy Week in London and found the market to be rather optimistic, making a bullish case for oil. Respectfully, we disagree. We reiterate our views on resilient Russian supply, discuss the limited Iran risk and point to the accumulation of inventories across the globe. 

Speaker: 

Natasha Kaneva, Head of Global Commodities Research

This podcast was recorded on February 19, 2026.

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