Oil Markets Have Discounted ISIL Effect: Saleri

The video discusses the current state of global oil markets, focusing on the balance of supply and demand, the diminishing anxiety premium related to ISIS, and the impact of Middle East tensions on oil prices. It highlights the role of the US in oil production, the sensitivity of the market to price changes, and the potential for OPEC intervention. The discussion also covers global energy demand, particularly from China and India, and the overall bullish outlook on demand growth.

What is one of the main reasons for the current balance in global oil markets?

• Diminishing anxiety premium associated with ISIS

• Increased production in the Middle East

• Decreased demand from China

• Rising tensions with Russia

How do geopolitical tensions in Iraq and Syria affect oil prices in the long term?

• They exert upward pressure on oil prices

• They stabilize oil prices

• They cause a temporary drop in prices

• They have no effect on oil prices

At what price level might OPEC consider intervening in the oil market?

• $100 per barrel

• $85 per barrel

• $90 per barrel

• $75 per barrel

What is the role of the US unconventional oil business in the global oil market?

• It leads to increased imports

• It is not significant

• It stabilizes global oil prices

• It causes prices to drop

What is the current trend in global energy demand?

• It is unpredictable

• It is increasing

• It is stable

• It is decreasing

How does China's demand impact the global oil market?

• It has no impact

• It decreases global demand

• It only affects local markets

• It is a significant factor in global demand

What is the expected annual growth rate of global energy demand?

• 0.5%

• 1%

• 1.5%

• 2%