Behind The Markets Podcast: Nitesh Shah & Aneeka Gupta
Behind the Markets Podcast
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Oil Markets Are Tight - Can They Increase Supply?
The world was worried for a while about recession risks as the Fed ECB, other central banks were stepping hard on the brakes. OPEC and its partner countries control close to 45% of global oil supply. They have been positioning for so-called weaker demand. Therefore, they can say, well, if demands will be weak, will cost supply. And then we've got a question, can they increase the supply if they wanted to? How do you balance it all out? We have a view on where some of these markets like energy are going next.
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