Russia is unable to increase production. Where will oil supply come from as the pandemic recedes?

Russia is unable to increase production. Where will oil supply come from as the pandemic recedes?

21 Minuten

Beschreibung

vor 3 Jahren

As we have discussed in previous videos, I believe the biggest
catalyst for higher oil prices this year is the coming market
realization that OPEC+ will not be able to meet the call for
supply.  


As the pandemic recedes and oil demand not only equals but
exceeds pre-pandemic levels it will become apparent that there is
not enough oil to supply the world's demand. This will result in
oil prices above $100/bbl.

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