AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
Oil market expert Dr. Anas Alhajji provides a fresh crude oil outlook for 2024, discussing crude oil prices, the oil market outlook, geopolitical premiums, conflicts in the Red Sea, rerouting of oil shipments, surprises in oil production, the necessity of petroleum, analyzing crude oil inventories in the US, and analysis of gold, uranium, and two-year T-Note futures.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Crude oil prices in 2024 expected to stay steady, but a global energy crisis is predicted in the late 2020s.
- Imbalanced growth in global oil demand with China, India, and Latin America recovering while other regions struggle.
Deep dives
Crude oil prices to hold steady in 2024, global energy crisis expected in late 2020s
Barring a geopolitical escalation, crude oil prices are expected to remain steady in 2024, according to Dr. Anas Alhaji, a prominent economist. However, he predicts a global energy crisis in the late 2020s, driving prices much higher. The Red Sea has become a crucial area due to Russian oil exports and traffic from Gulf states and China. Egypt's economy is at risk if the Suez Canal faces disruptions. Meanwhile, the geopolitical tensions and conflicts in the region pose stability risks. Anas expects oil prices to stay within a range, with potential fluctuations due to geopolitical events.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode