Ruehl: EU Gas Cap Plan Will Distort Markets

The video discusses the potential threats to market stability due to gas price caps and the shift of trading to OTC markets, which may cause financial instability. It covers OPEC+'s response to market interventions by consuming nations, including the US's role as an oil trader. The analysis highlights a downward trend in oil prices due to excess supply and the impact of unaccounted transfers, possibly from sanctioned countries. The discussion also touches on the effects of sanctions on Russian oil production and forecasts for oil prices in 2023, with differing views from Goldman Sachs and other analysts.

How might the dynamics of the physical oil market differ from the paper market?

What are the long-term trends in oil prices according to the speaker?

What is the expected trajectory of Russian oil production in 2023 according to the discussion?