Oil Market Facing Supply Tightness, ANZ Bank Says

The video discusses the current state and future outlook of the oil market, highlighting tightness due to structural issues and the impact of the Russian-Ukraine war. It explores demand and supply dynamics, noting the influence of high prices and China's economic activities. The potential for demand growth in China, especially in the real estate sector, is examined, along with risks in the base metals market, such as labor strikes in Chile. The video emphasizes the challenges of supply disruptions and the need for strategic planning in the energy transition.

What impact do high prices have on consumer behavior in the oil market?

What are the potential risks surrounding labor issues in the base metals market?