85. Energy Trading: the "Lehman Moment" - nov22
Redefining Energy
00:00
Oil Prices - What's Going to Happen?
When we look at oil demand, we had pretty much a straight line since 1983. We've been growing really as straight line. But then you go below the line during periods of large recession. Why now we're still below the trend line. Once China will open, you're going to get a lot more demand for oil. And we're starting with low inventories. So I think the old prices will be... Yeah, stop talking your book. Stop talking... Oh, that's even... I got hammered over the last few months. so I'm careful.Yeah, just looking at supply and demand that we might have a bigger issue for oil between now and the end of the year
Transcript
Play full episode
