Bjarne Schieldrop, Chief Commodities Analyst at SEB, discusses the outlook for the energy sector, and a "worst-case" that could cause an oil market shock and send prices beyond $200 a barrel.

*This video was recorded on October 11, 2024

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00:00 - $350 Oil “Worst-Case” Scenario

02:02 - Strait of Hormuz’s Strategic Importance

04:07 - Alternative Pipelines and Strategic Reserves

05:18 - Iran-Israel Conflict Scenarios and Oil Impact

07:21 - Sponsor Message: Bitcoin IRA with iTrustCapital

08:03 - U.S. and China’s Role in Strait of Hormuz Crisis

09:18 - War's Influence on Oil Prices

11:25 - Impact of Retaliatory Strikes on Oil Refineries

12:59 - Global Oil Market's Ability to Adapt

15:17 - Geopolitical Risk Premium in Oil Prices

16:08 - Future Oil Supply and Demand Dynamics

18:01 - Emerging Markets’ Role in Oil Demand

19:17 - Long-Term Projections for Oil Prices

22:13 - OPEC's Strategy and Influence on Prices

24:44 - Finding the Long-Term Oil Price Balance

25:26 - The Economic Impact of High Oil Prices

26:08 - Conclusion and Guest’s Research Platform

#oil #investing #economy