Oil Market to Return to Surplus in 2022, ING Says

The video discusses the oil market's potential surplus in the coming year, driven by non-OPEC supply growth, and its impact on prices. It also covers the influence of geopolitical events, such as the situation in Ukraine, on natural gas prices, highlighting the role of Russian gas and the Nord Stream 2 pipeline. Additionally, the video analyzes the metals market, focusing on China's construction slowdown and its effect on steel and iron ore prices, while predicting a rise in aluminium prices due to structural deficits.

What is the expected trend for European gas prices over the winter months?

How has the construction slowdown in China affected the metals market?

What is the outlook for metal prices, particularly aluminium, going into 2022?